India’s crude oil production misses target even as oil import bill surges2 min read 24 Feb 2022, 01:45 AM IST
In January, Indian crude oil production stood at 2,511.66 TMT, or 6.04% lower than the target
NEW DELHI : India’s crude oil production declined by about 2.6% year-on-year to 24,890 thousand metric tonnes (TMT) in the first 10 months of the current fiscal year. Crude production stood at 25,557 TMT in the year-ago period. However, the consumption of petroleum products jumped 4% to 165,719 TMT in April 2021-January 2022, indicating a surge in oil imports.
Select your Category