SG: Oman crude output up by 3pct in first 7 month of 2011
According to the Sultanate's finance ministry data, Oman's crude oil production rose 3% in the first 7 months of this year compared to the same period a year ago.
Oman produced 164.28 million barrels of crude in the period from January 1st to July 31st 2011 with average daily production rising to 878,100 barrels per day from 858,800 barrels per day in the same period of 2010.
The government said that the average Omani crude sales price during the first 7 months of the year rose 29% from USD 77.52 per bbl in the January to July period of 2010 to USD 100.01 per bbl in 2011.
