Oman’s daily oil production reaches 720300 barrels in August

  • Date: 10-Sep-2020
  • Source: Times of Oman
  • Sector:Oil & Gas
  • Country:Oman
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Oman’s daily oil production reaches 720300 barrels in August

September 10, 2020 | 4:05 PM

Muscat: Average daily production of crude oil in Oman during August 2020 reached 720,300 barrels according to the monthly report by Ministry of Oil and Gas.The daily average of August oil production has increased by 7.26 per cent month-on-month compared with July 2020 daily average production. Furthermore, the per day average exported quantities of Oman Blend crude oil was reported at 744,736 barrels, a drop of 4.3 per cent compared to the previous month.Throughout August, out of the total Oman Export Blend, China's imports has declined by2.58 per cent month-on-month, compared to July 2020. Similarly, India's import percentage has weakened and dropped by 9.03 per cent month-on-month. Nevertheless, the August imported volume has witnessed some movements from Myanmar, Japan and Malaysia in purchasing Oman Blend.Oil