China lifts 94% of Omani crude exports in June – ZAWYA

  • Date: 22-Jul-2020
  • Source: Zawya
  • Sector:Economy
  • Country:Oman
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China lifts 94% of Omani crude exports in June – ZAWYA

china lifts 94% of omani crude exports in june exports of oman blend crude oil of 899,412 bpd barrels represented a 22% increase over the previous month    stacked barrels in front of the sky. image used for illustrative purpose.china remained the top market for omani crude exports in june 2020, receiving 94.28 per cent of total exports averaging 899,412 barrels per day (bpd), according to the ministry of oil and gas. it represented a 6.77 per cent increase over may figures. modest quantities were also lifted by malaysia (2.63 per cent), india (1.95 per cent) and south korea (1.14 per cent).according to the ministry's monthly report, average daily production of crude oil during june 2020 reached 683,625 barrels, which was up 2.40 per cent m-o-m compared with the daily production average of may 2020. exports of oman blend crude oil of 899,412 bpd barrels represented a 22 per cent increase over the previous month.the average price of oman's crude oil futures contract on the dubai mercantile exchange increased 23.5 per cent compared with previous month. the monthly official selling price for oman crude oil for july 2020 delivery - traded during may 2020 “” was $41.58 per barrel, an