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Tag: oil production

OPEC+ Latest Move: Modest Impact but Key Psychological Shift for Global Oil Markets and Investors

Sunday’s decision by OPEC+ members, including Oman, to increase oil output by 137,000 barrels per day starting October underscores a

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OPEC+ Increases Oil Output: Implications for Investors and Business Owners in Oman

OPEC+ is poised to raise oil output, slowing increases due to dwindling global demand. They’ve reversed output cuts, adding 2.5

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OPEC+ to Consider Further Oil Output Hike: What It Means for Global Markets and Your Business Investments

OPEC+ may consider raising oil production at a meeting on Sunday to regain market share, potentially unwinding output cuts of

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OQEP Commissions Bisat-C Expansion in Block 60: What This Means for Investment Opportunities in Oman’s Energy Sector

OQ Exploration and Production (OQEP) successfully commissioned the Bisat-C Expansion Facilities in Block 60, boosting oil processing capacity to 67,000

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OQEP’s RO 317.4 Million Half-Year EBITDA: What This Strong Performance Means for Investors and Business Growth in Oman

OQ Exploration & Production posted H1 2025 EBITDA of RO 317.4M ($825.6M) and revenue of RO 428.1M ($1.1B). Cash flow

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OPEC+ Production Adjustment: What It Means for Energy Investors and Businesses in Oman

The recent decision by eight OPEC+ countries, including Oman, to cut production by 547,000 bpd in September 2025 is praised

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OPEC+ Panel Likely to Maintain Steady Oil Policy: What It Means for Investors and Businesses in Oman

An OPEC+ panel is unlikely to change plans to raise oil output when it meets Monday, as summer demand helps

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PDO’s Contribution Surges to $22.5 Billion in 2024: Key Insights for Investors and Business Owners in Oman

Petroleum Development Oman (PDO) generated about $22.5 billion in revenue for the government in 2024, marking a notable increase from

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