27-08-2018

India’s Crude Oil Production Falls 3.16% This Fiscal

India’s Crude oil production during July, 2018 was2896.24 TMT which is 6.66% lower than target and 5.39% lower when compared with July, 2017. Cumulative crude oil production during April-July, 2018 was 11703.41 TMT which is 2.8% lower than target for the period and 3.16% lower than production during corresponding period of last year.

Natural gas production during July, 2018 was 2713.52 MMSCM which is 9.73% lower than the target for the month and 5.08% lower when compared with July, 2017. Cumulative natural gas production during April-July, 2018 was 10782.35MMSCM which is 7.69% lower than target for the period and 1.23% lower than the production during corresponding period of last year.

Source: Capital Market

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