Oman Oil Production Up 1.4% in November 2021

Oman’s oil production stood increased 1.4 percent compared to the same period in 2020. Asharq Al-Awsat
Oman’s oil production stood increased 1.4 percent compared to the same period in 2020. Asharq Al-Awsat
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Oman Oil Production Up 1.4% in November 2021

Oman’s oil production stood increased 1.4 percent compared to the same period in 2020. Asharq Al-Awsat
Oman’s oil production stood increased 1.4 percent compared to the same period in 2020. Asharq Al-Awsat

Oman’s oil production stood at 323,174,600 barrels in November 2021, the National Center for Statistics and Information (NCSI) said on Saturday, up 1.4 percent from the same period in 2020.

The production of crude oil reached 249,765,900 barrels compared to 256,450,400 barrels during the same period in 2020, down 2.6 percent, the NCSI added.

The average daily production of oil increased during the same period by 1.7 percent to reach 967.6 thousand barrels compared to 951.1 thousand barrels during the corresponding period in 2020, while the average price per barrel increased by 35 percent from $46.5 per barrel to $62.7 per barrel.

The statistics also showed a decline in the total oil exports by 0.5 percent by late November 2021 to reach 260,804,100 barrels, compared to 262,036,800 barrels in the same period in 2020.

According to the published statistics, China was the largest importer of Omani oil until the end of November 2021, importing about 220,229,300 barrels, down 3.2 percent compared to the same period in 2020, followed by India, which imported about 24,261,000 barrels, up 50.3 percent compared to 16,142,300 barrels during the same period in 2020.



Riyadh International Industry Week 2025 Kicks off Monday

The Saudi flag. Asharq Al-Awsat
The Saudi flag. Asharq Al-Awsat
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Riyadh International Industry Week 2025 Kicks off Monday

The Saudi flag. Asharq Al-Awsat
The Saudi flag. Asharq Al-Awsat

Riyadh International Industry Week 2025 is set to launch on Monday, bringing together more than 524 exhibitors from 20 countries. The premier industrial event anticipates welcoming over 25,000 visitors, including industry specialists and key stakeholders, at the Riyadh International Convention & Exhibition Centre (RICEC).

Running from May 12 to 15 and spanning over 20,000 square meters, Riyadh International Industry Week 2025 is expected to be the largest industrial gathering of its kind in the Middle East, the Saudi Press Agency reported.

The event will showcase more than 48,000 cutting-edge industrial products and technologies, along with national pavilions representing seven major industrial nations.

The program includes panel sessions featuring insights from leading experts in manufacturing, supply chains, and digital transformation. Attendees can also look forward to live demonstrations of the latest industrial innovations and reviews of initiatives and enablers supporting the Kingdom’s growing industrial ecosystem.

Riyadh International Industry Week reflects the Kingdom's accelerating industrial advancement, highlights expanding investment opportunities in the sector, and promotes supply chain integration—all in line with the objectives of Saudi Vision 2030.