Key Market Indicators
Oman's energy consumption is set to increase by 2.3% each year, on average, over the next 5 years, reaching 1.7 exajoules by 2026. Since 1972, it has grown by 4.4% annually. In 2021, Oman was number 48 in the global rankings, while Austria overtook it with 1.5 exajoules. The United States, India and Russia respectively held the second, third and fourth spots. Oman's energy supply is set to increase by 1.1% each year, on average, over the next 5 years, reaching 26 million tonnes of oil equivalent by 2026. Since 1976, it has decreased by 0.4% annually. In 2021, Oman was number 58 in the global rankings, while Belarus came ahead with 24 million tonnes of oil equivalent. The United States, India and Russia respectively held the second, third and fourth spots.