Oman exported more crude oil in June than it produced after trading giant ChinaOil picked up an unprecedented 49 cargoes during the Platts Dubai Market on Close assessment process in April. China, which has been the biggest buyer of Oman crude in recent years, accounted for 90% of the country’s overall crude exports in June, up more than 12% from May, according to data released by Oman’s oil and gas ministry over the weekend. Oman exported 912,015 b/d of crude oil in June — up 11.28% from May — even as its production was only 888,636 b/d, according to government data. In addition to exports, it also supplied 134,366 b/d of crude to domestic refineries, up from 92,534 b/d in May. While China’s share of Oman crude reached a record high, it wasn’t immediately clear where the additional export barrels came from. Traders said the extra crude could be […]