PUTRAJAYA, June 6 — Malaysia’s crude oil and condensate production declined 5.5 per cent year-on-year to 43.0 million barrels in the first quarter of 2026.
According to the Department of Statistics Malaysia (DOSM). Chief Statistician Mohd Uzir Mahidin said crude oil production fell 9.4 per cent to 28.1 million barrels.
While condensate output rose 3.0 per cent to 14.9 million barrels. Natural gas production also declined 2.1 per cent to 765.8 billion cubic feet. Despite lower production.
The weighted average lifting price for crude oil and condensate increased to US$84 per barrel, reflecting stronger global oil prices.
Exports and imports of petroleum-related products also recorded declines during the quarter.
