Page 2 - Policy Economic Report - April 2023
P. 2
Policy and Economic Report:
Oil & Gas Market
Table of Contents
Executive Summary ..................................................................................................... 2
Economy in Focus......................................................................................................... 5
Lessons from Economics..........................................................................................21
Oil Market .....................................................................................................................22
Crude oil price – Monthly Review .........................................................................22
Indian Basket Crude oil price ................................................................................................24
Oil production situation .......................................................................................................24
Oil demand situation............................................................................................................25
Global petroleum product prices ..........................................................................................26
Petroleum products consumption in India ............................................................................28
Natural Gas Market....................................................................................................29
Natural Gas Price – Monthly Review.....................................................................................29
Monthly Report on Natural gas production, imports and consumption – March 2023 ............32
Key developments in Oil & Gas sector.................................................................33
Key Policy developments in Energy sector .......................................................34
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