Money & BusinessOman

Oman: Crude oil exports to India increase

The average price of Omani oil is more than the budget price by $29, and crude oil exports to the Republic of India, which is the second largest importer of Omani oil, increased during March 2022.

Oman’s total exports of crude oil rose by 18 per cent at the end of March 2022, compared to the same period of the previous year, as crude oil exports to South Korea witnessed a growth of 99.4 per cent to reach one million and 995 thousand barrels by the end of last March 2022, compared to 1.2 million barrels at the end of March 2021.



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