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Oman Raises Oil Production

Oman Raises Oil Production Oman Raises Oil Production

Oman has ramped up oil production to a record high in June, adding to a global supply glut that has hit oil prices. June production reached 992,700 barrels per day of crude oil and light oil condensate, the highest ever according to official records going back to 2002. It produced an average of 975,000 bpd in May, Arabian Business reported.

 

Financialtribune.com