The Sultanate's crude oil production, including condensates, marginally rose 0.2 percent to 235,76 million barrels by the end of August 2018, compared to a production of 235,334.6 million barrels for the same period of last year.
Of the total production, crude oil output stood slightly lower at 26,744.3 million barrels, while condensates production touched 3.46 million barrels in August alone this year, according to the latest monthly Primary statistics released by the Centre. Oman recorded a daily average daily crude oil production of 970.200 barrels per daily by the end of August 2018, against a daily average output of 968,500 barrels for the same period of 2017, the NCSI report added.
The average price of Oman Crude surged ahead by 30.2 percent to $66.4 per barrel by the end of August, from $51 per barrel in the same period last year, shows the NCSI report. Of the total output of 235,795.0 million barrels for the first eight months of 2018, Oman exported 195,492.3 million barrels of crude oil by the end of August 2018, against 197,09 million barrels for the same period of last year, showing a growth of 0.8 percent.
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