Oman's total oil exports grows by 1.9% to 209mn barrels
Source: Times of Oman
Original summary written by Tharwa from the source above. How we source and correct stories
The story in brief
Muscat: The total oil exports of the Sultanate of Oman reached 209 million barrels by the end of August 2026, recording growth of 1.9 percent compared with... Oman's total oil exports grows by 1.9% to 209mn barrels Tuesday 06/October/2026 19:11 PM Muscat: The total oil exports of the Sultanate of Oman reached 209 million barrels by the end of August 2026, recording growth of 1.9 percent compared with 205 million barrels during the corresponding period of 2025.
Detailed summary
Muscat: The total oil exports of the Sultanate of Oman reached 209 million barrels by the end of August 2026, recording growth of 1.9 percent compared with... Oman's total oil exports grows by 1.9% to 209mn barrels Tuesday 06/October/2026 19:11 PM Muscat: The total oil exports of the Sultanate of Oman reached 209 million barrels by the end of August 2026, recording growth of 1.9 percent compared with 205 million barrels during the corresponding period of 2025. The latest data issued by the National Centre for Statistics and Information (NCSI) indicated that the Sultanate of Oman's oil production reached 270 million barrels by the end of August 2026, up 11.9 percent compared with 241.4 million barrels during the corresponding period of 2025. According to the data, the average daily oil production rose by 10.9 percent by the end of August 2026, reaching 1.1 million barrels per day, compared with 993,300 barrels per day during the corresponding period of last year. On a monthly basis, oil production in August reached 36.3 million barrels, compared with 35.8 million barrels in July and 34.4 million barrels in June. Oil exports during August amounted to 27.1 million barrels, compared with 26.7 million barrels in July and 25.7 million barrels in June. The average price of Oman oil rose by 15.5 percent during the period from January to the end of August, reaching $83.3 per barrel, compared with $72.1 per barrel during the corresponding period of 2025. On a monthly basis, the average price of Oman oil in August reached $79.1 per barrel, down 22.5 percent compared with July, which recorded an average price of $102 per barrel. In the natural gas sector, total domestic production and imports rose by 6.4 percent by the end of August 2026 on an annual basis, reaching 40.5 billion cubic metres, compared with 38.1 billion cubic metres during the corresponding period of 2025. Gas consumption at power generation plants grew by 13.8 percent, reaching 11.7 billion cubic metres, while consumption by industrial projects rose by 4.9 percent, reaching 19.9 billion cubic metres.
Background & context
This story sits within Oman's broader reform agenda and efforts to grow Oil & Gas as a pillar of non-oil GDP. The region benefits from supportive energy prices, expansionary government budgets, and rising interest from sovereign wealth funds and foreign investors.
Key numbers & facts
- Muscat: The total oil exports of the Sultanate of Oman reached 209 million barrels by the end of August 2026, recording growth of 1.9 percent compared with...
- Oman's total oil exports grows by 1.9% to 209mn barrels Tuesday 06/October/2026 19:11 PM Muscat: The total oil exports of the Sultanate of Oman reached 209 million barrels by the end of August 2026, recording growth of 1.9 percent compared with 205 million barrels during the corresponding period of 2025.
- Muscat: The total oil exports of the Sultanate of Oman reached 209 million barrels by the end of August 2026, recording growth of 1.9 percent compared with...
- Oman's total oil exports grows by 1.9% to 209mn barrels Tuesday 06/October/2026 19:11 PM Muscat: The total oil exports of the Sultanate of Oman reached 209 million barrels by the end of August 2026, recording growth of 1.9 percent compared with 205 million barrels during the corresponding period of 2025.
- The latest data issued by the National Centre for Statistics and Information (NCSI) indicated that the Sultanate of Oman's oil production reached 270 million barrels by the end of August 2026, up 11.9 percent compared with 241.4 million barrels during the corresponding period of 2025.
Key points
- Muscat: The total oil exports of the Sultanate of Oman reached 209 million barrels by the end of August 2026, recording growth of 1.9 percent compared with...
- Oman's total oil exports grows by 1.9% to 209mn barrels Tuesday 06/October/2026 19:11 PM Muscat: The total oil exports of the Sultanate of Oman reached 209 million barrels by the end of August 2026, recording growth of 1.9 percent compared with 205 million barrels during the corresponding period of 2025.
Why this matters
This matters because activity in Oil & Gas shapes capital flows, hiring and investor sentiment across Oman.
Economic & market impact
Potential impact: - Oil & gas majors and oilfield services may react to volume, price or policy signals.
GCC angle
For the rest of the GCC, this is a signal on the pace of activity in Oil & Gas. Capital flows and regulatory decisions in one Gulf state typically travel across borders given the similar economic structures and the coordination inside the GCC framework.
Risks & uncertainty
There is uncertainty around the read-through: projections can be moved by swings in oil prices, by US monetary policy tightening that most GCC central banks track via dollar pegs, and by regional geopolitical events. Headline numbers may also be revised when subsequent official data is published.
What happens next?
Watch for upcoming disclosures from listed names in Oil & Gas, official macro releases for Oman, and any commentary from regulators or sovereign wealth funds. Tharwa will refresh this briefing as new public information becomes available.
Sources used
This is an original Tharwa briefing based on the available source material. Read the full article from the publisher.
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