Oman posts budget surplus of $547 mln at end-Feb | Reuters
Oman has posted a budget surplus of 210 million riyals ($546.88 million) at the end of February, compared with a deficit of 457 million riyals a year earlier, the finance ministry said on Tuesday.
Net oil revenues reached about 1.1 bln riyals for the same period, up 81.4% year-on-year, as the Gulf sultanate sold its crude for $81 per barrel on average, versus $42 a year earlier.
Average oil production rose to 1.02 million barrels per day (bpd) by the end of February, compared to 953,000 bpd in the same period of the previous year.
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