Oil Production in Oman
In the year 2024, the oil production in Oman was OMR 0.99 million, compared to OMR 0.94 million in 2014 and OMR 1.05 million in 2023. It averaged OMR 0.99 million over the last decade.
Oman Oil Chart
Note: This chart displays Oil Production (mn barrels per day, aop) for Oman from 2024 to 2017.
Source: Macrobond.
Oman Oil Data
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Oil Production (mn barrels per day, aop) | 0.97 | 0.95 | 0.97 | 1.06 | 1.05 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Omani oil projections for the next ten years from a panel of 5 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable oil forecast available for Omani oil.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Omani oil projections.
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