Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Oman - Sultanate's Crude Oil And Condensates Production in Q4, 2013  Join our daily free Newsletter

MENAFN - Qatar News Agency - 13/01/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Qatar News Agency) The Sultanate's crude oil and condensates production in December 2013 amounted to 29,286,805 barrel, an average of 944,736 barrel a day (bpd), a 1.24% decline in comparison with December 2012.



The monthly report released by the Ministry of Oil and Gas on Sunday also added that the total exported crude oil in December 2013 amounted to 24,856,976 barrel, an average of 801,838 bpd, a 3.29% decline in comparison with previous month, November 201



On the other hand, the trading Oman Crude Oil Future Contract at Dubai Mercantile Exchange (DME Oman) witnessed a fluctuation in price in the same month, as it has been the case with other crude oils due to the above-mentioned factor



Trading averaged between USD 106.23 and USD 109.29 per barrel.



Oman crude Oil official price for February 2014 delivery eventually settled at USD 107.88 barrel a day, comprising a rise by 1.91 cents compared to January 201



It is worth mentioning that China is still topping the list of Omani crude oil importers during December 2013 with 73.86% followed by Japan 10.37% and Thailand, India and Taiwan with 7



As for the movement of the oil markets during December 2013, the average price for American crude oil in New York Mercantile Exchange (NYMEX) amounted to USD 97.89 per barrel, comprising a rise by USD 3.63 compared to the trading of the last month while the North Sea (Brent) basket averaged USD 110.36 per barrel, comprising a rise by 92 cents compared to the trading of last mont



The crude oil prices in world markets have fluctuated during December 2013 trading but were mostly on the upturn compared to the previous mont



This upturn is attributed to U.S government releases about decline in the number of job seekers, which were the lowest in five year - 7% compared to the previous month, the shutdown of the fourth refinery fort Total company in Europe due to labour strike



This shutdown will freeze the production of 700,000 barrels per day, which in turn will increase Europe's imports of oil derivatives from outside the continent

 


Qatar News Agency




  MENA News Headlines
 Sep 19 2014 - Iran slammed for Syria-Iraq chaosArab News
(MENAFN - Arab News) Leaders from various Arab countries participating in a conference entitled 'Arabian Gulf and Regional Challenges which concluded here on Wednesday urged nations to unify to help ...

 Sep 19 2014 - Doha doesn't back extremists: EmirArab News
(MENAFN - Arab News) BERLIN: Qatar's emir said in Germany on Wednesday that his state does not back 'terrorist organizations' and Chancellor Angela Merkel said she had no reason to doubt him.The ...

 Sep 19 2014 - Imaginative septuagenarian boats vehicle to tiny islandArab News
(MENAFN - Arab News) A 70-year-old man sailed across an 8-km span of sea with a truck on board two boats that were tied together.Ali Suhail took his Toyota Hilux from the Farasan Island to Qimah ...

 Sep 19 2014 - Forced evacuations as Philippine volcano spews lavaArab News
(MENAFN - Arab News) LEGAZPI Philippines: Lava cascaded down the Philippines' most active volcano on Wednesday as authorities rushed to evacuate thousands ahead of a possible deadly eruption.Mostly ...

 Sep 19 2014 - Blind Saudi sculptor to exhibit work in UKArab News
(MENAFN - Arab News) A student with a visual disability has been selected to exhibit her work at an international event in the United Kingdom.Zahra Al-Dhamen a Saudi media student at King Saud ...

 Sep 19 2014 - Saudi- Water levels rise due to heavy rain in AsirArab News
(MENAFN - Arab News) Heavy rainfall in the Asir region Tuesday evening covered a number of towns and population centers.The Civil Defense Department in Asir sent safety patrols to several locations ...

 Sep 19 2014 - Saudi- Big Madinah push for SMEsArab News
(MENAFN - Arab News) Madinah Gov. Prince Faisal bin Salman Monday launched a massive program to boost small and medium enterprises (SME) in the region as part of a plan to boost the national ...

 Sep 19 2014 - Saudi- Cop killer duo handed deathArab News
(MENAFN - Arab News) A court sentenced two terror suspects to death on Tuesday for jointly murdering a policeman and injuring 12 others in an armed confrontation with security men at the residential ...

 Sep 19 2014 - Changing Pakistan: Tardy MPs thrown off jetArab News
(MENAFN - Arab News) ISLAMABAD: Angry Pakistani passengers have forced two lawmakers off a plane for delaying its departure by almost two hours. A video covering the drama was posted online.Irate ...

 Sep 19 2014 - Saudi- Technology forum begins at KACSTArab News
(MENAFN - Arab News) The 3rd Advanced Technologies Forum 2014 kicked off on Tuesday at the King Abdulaziz City for Science & Technology (KACST) under the patronage of Custodian of the Two Holy ...

more...


 






Google

Click to Apply

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help