Quotes: 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 dung 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
 Jul 29 2016 - Saudi injects billions in Asia to draw clients for its oilMENAFN
(MENAFN) With crude prices deteriorating by more than half in the previous two years, the Saudis and other oil-rich nations are basically fighting to lock in and guarantee customers, according to the ...

 Jul 29 2016 - Oman's logistics flourish amid steady political climateMENAFN
(MENAFN) the logistics sector in Oman is not projected to be impacted although oil prices continue to fall, on the back of the vast investments being made in ports, airports and roads sectors ...

 Jul 29 2016 - Kuwait supports Niger's infrastructure with major loanMENAFN
(MENAFN) The Kuwait Fund for Arab Economic Development (KFAED) closed USD19.7 million loan arrangement with African Niger to fund a vital transportation scheme.Accordingly, this is the 12th loan ...

 Jul 29 2016 - Ooredoo SSM's sell iTunes, Facebook, Steam, Xbox, Google Play vouchers and moreThe Peninsula
(MENAFN - The Peninsula) Ooredoo and Osool Media officials after signing a partnership agreement. Doha: Ooredoo, in partnership with Osool Media, have today announced the official launch of a ...

 Jul 29 2016 - Diversions on East Industrial Road, Al Mamoura Underpass and service road on D-Ring RoadThe Peninsula
(MENAFN - The Peninsula) Doha: The Public Works Authority (Ashghal) has announced that it will put in place a temporary diversion on part of the southbound lanes of the East ...

 Jul 29 2016 - Petrol prices to go up marginally in AugustThe Peninsula
(MENAFN - The Peninsula) DOHA: Petrol prices will see a 5 dirhams rise in August, according to the new price list issued by the Ministry of Energy and Industry. Both Super grade petrol and ...

 Jul 29 2016 - Qatar- HH the Emir Holds Session of Talks with Argentinian PresidentThe Peninsula
(MENAFN - The Peninsula) Buenos Aires: HH the Emir Sheikh Tamim bin Hamad Al-Thani and President of the Argentine Republic, Mauricio Macri, held a session of official talks on Thursday night ...

 Jul 29 2016 - Qatar- Photo Album: Emir in ArgentinaThe Peninsula
(MENAFN - The Peninsula) if(window.innerWidth < 728){ googletag.display('div-gpt-ad-796530061225000279-1'); } ...

 Jul 29 2016 - Brexit heralds a new era in UK-GCC relations?The Peninsula
(MENAFN - The Peninsula) By Sean Evers You";re landing at New York";s LaGuardia Airport on the 'expressway” approach—it";s called that because you come in low enough to buzz the ...

 Jul 28 2016 - Wagner rips apart rusty ZimbabweThe Peninsula
(MENAFN - The Peninsula) Zimbabwe batsman Hamilton Masakadza runs past bowler Neil Wagner during the first day of the first test match in a series of two tests between New Zealand and hosts Zimbabwe ...

more...


 





Google

 
 

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

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

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
Economic Calendar
Financial Glossary


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


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help