Page 2 - Policy Economic Report - April 2025
P. 2
POLICY AND ECONOMIC REPORT
OIL & GAS MARKET
Table of Contents
Executive Summary ..................................................................................................... 3
Economy in Focus......................................................................................................... 5
Lessons from Economics..........................................................................................26
Oil Market .....................................................................................................................27
Crude oil price – Monthly Review .........................................................................................27
Indian Basket Crude oil price ................................................................................................29
Oil production situation .......................................................................................................29
Oil demand situation............................................................................................................30
Global petroleum product prices ..........................................................................................31
Petroleum products consumption in India ............................................................................33
Natural Gas Market....................................................................................................35
Natural Gas Price – Monthly Review.....................................................................................35
Monthly Report on Natural gas production, imports, and consumption – March 2025 ...........38
Key developments in Oil & Gas sector.................................................................40
Key Policy developments/Significant news in Energy sector.....................41
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