The average
price of oil recorded a 12.1 per cent decline, standing at $71 per barrel by
the end of December 2025, compared to $80.8 per barrel during the same period
in 2024, reported ONA.
Conversely,
the average daily production of oil saw a slight increase of 0.9 per cent,
reaching 1,002,000 barrels per day by the end of December 2025, compared to
992,600 barrels per day during the same period of the previous year.
Total oil production in the Sultanate of Oman rose
slightly by 0.7 per cent, recording 365,754,400 barrels by the end of December
2025, compared to 363,288,500 barrels during the same period in 2024.