Oman Oil Output Increases Despite Lower Prices: What It Means for Investors and Business Growth in Oman
Muscat: Oman’s oil production increased by 0.4 percent by the end of November 2025, reaching approximately 333.94 million barrels. This marks a rise from 332.69 million barrels during the same period in 2024, according to preliminary data.
Data from the National Centre for Statistics and Information revealed that the average daily production was 999,800 barrels per day, up from 993,100 barrels per day a year earlier. Despite this production increase, the average oil price declined to about $71.6 per barrel, a 12.4 percent drop from $81.8 per barrel in the corresponding period of the previous year.
Oil exports also saw a slight increase of 0.1 percent, totaling 282.34 million barrels by the end of November 2025, compared to 282.19 million barrels during the same timeframe in 2024. — ONA
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Oman’s slight increase in oil production and exports amidst falling prices highlights a challenging landscape for energy-dependent businesses. Smart investors and entrepreneurs should focus on diversification and innovation to mitigate price volatility risks, while exploring opportunities in sectors less exposed to oil price fluctuations. This scenario underscores the need for strategic agility to sustain growth in a shifting economic environment.
