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Imports rise despite sanctions; US, Brazil gain ground in supply mix
The production breakdown includes 0.3 MMT from Oil India Limited
The average price of Brent crude for April-September 2024 was $82.60 per barrel.
The fertilizer sector remained the largest consumer of natural gas.
Diesel consumption continued to dominate, accounting for a substantial share of the fuel market.
Petroleum production in October 2024 reached 23 MMT, up 5.3% from October 2023.
There was an overall growth of 1.3% in total crude oil processed from April to August FY 2024-25.
The government has notified a revised pricing.
India is seeing power sector demand up by 40.8% year-on-year to 3307 MMSCM.
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