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

 






  MENA News Headlines
 Aug 27 2014 - Ukraine crisis forces European defense spending rethinkArab News
(MENAFN - Arab News) BRUSSELS: Russian President Vladimir Putin's actions in Crimea and eastern Ukraine may achieve what successive US defense secretaries have failed to do persuade European NATO ...

 Aug 27 2014 - Girl accidentally kills gun instructor with UziArab News
(MENAFN - Arab News) DOLAN SPRINGS Arizona: A 9-year-old girl accidentally killed an Arizona shooting instructor as he was showing her how to use an automatic Uzi authorities said Tuesday.Charles ...

 Aug 27 2014 - Earthquakes rock Iceland volcanoArab News
(MENAFN - Arab News) LONDON: Earthquakes are rocking Iceland's Bardarbunga volcano adding to concerns that magma movements may trigger an eruption that could hinder air traffic.Iceland's Met Office ...

 Aug 27 2014 - Amid Ebola fears Air France urged to stop flightsArab News
(MENAFN - Arab News) PARIS: France's government is asking Air France to suspend flights to the largest city in Sierra Leone in response to the Ebola epidemic in the region that has killed more than ...

 Aug 27 2014 - Zimbabwe police beat detain opposition protestersArab News
(MENAFN - Arab News) HARARE: Zimbabwe riot police detained more than a dozen opposition protesters and beat up others at a demonstration on Wednesday over high unemployment an AFP correspondent ...

 Aug 27 2014 - India PM Modi slams whispering campaign against top ministerArab News
(MENAFN - Arab News) NEW DELHI: Indian Prime Minister Narendra Modi has denied reports that the son of a top minister was involved in influence peddling seeking to staunch the type of corruption ...

 Aug 27 2014 - Indian woman kills leopard with sickleArab News
(MENAFN - Arab News) NEW DELHI: A 56-year-old Indian woman is recovering in hospital after killing a leopard that attacked her as she tended her fields armed only with a sickle.The woman told Indian ...

 Aug 27 2014 - Afghan candidate pulls out of election auditArab News
(MENAFN - Arab News) KABUL Afghanistan: One of two men vying to become the president of Afghanistan Abdullah Abdullah pulled his observers Wednesday from an audit of the country's disputed election ...

 Aug 27 2014 - Ground-breaking new Oxford Arabic Dictionary on wayArab News
(MENAFN - Arab News) On Thursday August 28 Oxford University Press will celebrate the print and digital publication of the Oxford Arabic Dictionary.Produced by an international team of expert ...

 Aug 27 2014 - IMF chief charged with '0negligence' over graft caseArab News
(MENAFN - Arab News) PARIS: IMF chief Christine Lagarde one of the world's most powerful women has announced she had been charged with "negligence" over a multi-million-euro graft case relating to ...

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

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