Oman Oil

4,971,000,000barrels
0.28%
of world reserves
at current production
1,011,409b/d+0.94% YoY
230,821b/d+1% YoY
Daily Surplus (2024)
+771,149b/d

Consumption uses 23% of production.

Production
Consumption
Surplus

Oil Reserves in Oman

  • Oman has proven oil reserves of 4,971,000,000 barrels (as reported in 2025) (#24 in the world), representing 0.28% of the world's total.
  • As of 2025 production rates, Oman has roughly 14 years of proven oil reserves left (crude and condensate reserves ÷ their annual production).

Oil Production in Oman

  • Oman produced 1,011,409 barrels per day of oil and petroleum liquids in 2025 (#20 in the world), an increase of 0.94% from 1,001,970 barrels per day in 2024.
  • Of that, 1,002,069 barrels per day was crude oil in 2025.
  • And 8,000 barrels per day was natural gas plant liquids (NGPL) in 2025.

Oman has years with negative refinery gain. Refinery gain (or processing gain) is the volume difference between the refined products output and crude input.

Oil Consumption in Oman

  • Oman consumed 230,821 barrels per day of oil and petroleum products in 2024 (#52 in the world), an increase of 1% from 2023. This represents 0.22% of the world's total oil consumption.
  • Per capita, oil consumption in Oman averaged 1.84 us gallons per day in 2024 (#33 in the world).
  • The largest refined-product categories were Motor Gasoline (32.4%), Distillate Fuel Oil (21.8%), and Other Refined Products (19.9%).

(Historical) Oil Imports & Exports in Oman

EIA has stopped publishing oil trade data. Imports and exports data shown here are historical and may not reflect current trends.

Imports and exports data cover crude oil and lease condensate only, and do not include other petroleum liquids such as natural gas plant liquids (NGPL) or refined products.

oil Balance in Oman

  • In 2024, Oman produced approximately 1,001,970 barrels per day of oil and consumed 230,821 barrels per day , a surplus of 771,149 barrels per day.

Oman Oil History (1973-2025)

ReservesProductionConsumptionCrude Oil Trade (Historical)
20254,971,000,000240.28%1,011,409+0.94%200.95%————————
20244,905,000,000230.28%1,001,970−5.2%190.97%230,821+1%520.22%1.84———
20235,373,000,000220.31%1,057,327−1.4%191.0%228,446+5.7%530.23%1.9———
20225,373,000,000230.31%1,072,621+9.4%191.1%216,179+17.6%550.22%1.92———
20215,373,000,000220.31%980,205+2.3%191.0%183,850+5.1%590.19%1.72———
2020———958,289−2.2%191.0%174,876−13.9%600.19%1.62———
20195,373,000,000220.32%979,982−0.74%200.98%203,215−11%590.20%1.86———
20185,373,000,000220.32%987,310+0.85%210.98%228,345+11.1%540.23%2.090778,989−778,989
20175,373,000,000220.33%978,947−3.3%211.0%205,566+14.8%590.21%1.90806,027−806,027
20165,306,000,000210.32%1,012,471+2.3%201.0%179,000−4.8%590.18%1.710879,508−879,508
20155,151,000,000230.31%989,449+4%221.0%188,000+13.9%590.20%1.890832,015−832,015
20144,974,300,000240.30%951,490+0.69%211.0%165,085+11.5%610.18%1.730804,250−804,250
20135,500,000,000210.33%944,942+2.2%221.0%148,085−2.3%640.16%1.620838,167−838,167
20125,500,000,000220.36%924,366+3.7%251.0%151,535+12.5%640.17%1.790768,417−768,417
20115,500,000,000230.37%891,377+2.5%241.0%134,757+9%670.15%1.840742,084−742,084
20105,500,000,000230.41%869,380+6.2%240.99%123,658+13%690.14%1.880730,570−730,570
20095,500,000,000220.41%818,736+7.8%240.95%109,403−16.9%720.13%1.710663,155−663,155
20085,500,000,000220.41%759,823+6.9%250.87%131,599+29.6%680.15%2.10598,152−598,152
20075,500,000,000220.42%711,085−3.7%260.83%101,580+13.3%740.12%1.660608,209−608,209
20065,506,000,000210.43%738,225−4.7%250.87%89,654+11.6%810.10%1.50655,547−655,547
20055,506,000,000200.43%774,988−0.92%250.91%80,326+11.1%800.09%1.370724,133−724,133
20045,506,000,000200.43%782,220−4.5%250.94%72,298−7%820.09%1.260720,914−720,914
20035,506,000,000200.45%819,379−8.7%241.0%77,724−4.3%810.10%1.380763,028−763,028
20025,506,000,000170.53%897,766−6.2%211.2%81,218+13.3%800.10%1.460838,859−838,859
20015,506,000,000170.53%957,266+0.14%191.2%71,661+12.6%810.09%1.30870,597−870,597
20005,283,000,000180.52%955,943+6%191.2%63,635+18.4%820.08%1.170890,499−890,499
19995,283,000,000180.51%901,979+0.46%201.2%53,764+8%840.07%10846,050−846,050
19985,200,000,000170.51%897,847−0.45%201.2%49,764+3.1%850.07%0.940827,002−827,002
19975,100,000,000170.50%901,872+1.8%191.2%48,281+4.3%830.07%0.930837,679−837,679
19965,100,000,000170.54%885,678+2.4%181.2%46,288+10.5%850.06%0.90812,225−812,225
19954,800,000,000180.51%865,117+6%181.2%41,900+5.3%860.06%0.830781,129−781,129
19944,700,000,000180.50%816,112+4.3%181.2%39,793+2.3%880.06%0.80740,872−740,872
19934,500,000,000180.48%782,837+4.7%181.2%38,900−0.26%880.06%0.810729,847−729,847
19924,300,000,000180.46%747,721+4.3%181.1%39,000+1.3%840.06%0.850687,478−687,478
19914,300,000,000190.43%717,192+4.6%161.1%38,500+0%710.06%0.870641,506−641,506
19904,300,000,000200.43%685,918+7.3%191.0%38,500+23%690.06%0.920626,424−626,424
19894,100,000,000200.45%639,534+3%190.98%31,300+19.5%740.05%0.780591,780−591,780
19884,000,000,000190.45%621,117+6.6%190.96%26,200−1.9%780.04%0.690570,500−570,500
19874,000,000,000180.57%582,844+4.2%210.94%26,700−9.8%770.04%0.750539,916−539,916
19864,000,000,000170.57%559,110+13.1%210.91%29,600−1.3%730.05%0.880513,557−513,557
19853,500,000,000180.50%494,356+19.7%220.84%30,000+20%730.05%0.950463,500−463,500
19842,800,000,000210.42%413,000+9.5%240.69%25,000+19%750.04%0.840379,700−379,700
19832,700,000,000210.41%377,000+15.6%220.65%21,000+5%840.04%0.750362,900−362,900
19822,600,000,000220.39%326,000+1.6%230.56%20,000+17.6%860.03%0.750334,700−334,700
19812,300,000,000230.35%321,000+13%220.53%17,000+0%870.03%0.680328,765−328,765
19802,400,000,000220.37%284,000—220.44%17,000—870.03%0.710286,900−286,900

See also

Sources