Page 2 - Policy & Economic Report - July 2025
P. 2
POLICY AND ECONOMIC
ROEILPO&RGTAS MARKET
Table of Contents
Impact on India's Oil & Gas Sector.......................................................................... 3
Executive Summary ..................................................................................................... 5
Economy in Focus......................................................................................................... 8
Lessons from Economics..........................................................................................35
Oil Market .....................................................................................................................37
Crude oil price – Monthly Review .........................................................................................37
Indian Basket Crude oil price ................................................................................................39
Oil production situation .......................................................................................................39
Oil demand situation............................................................................................................40
Global petroleum product prices ..........................................................................................41
Petroleum products consumption in India ............................................................................43
Natural Gas Market....................................................................................................45
Natural Gas Price – Monthly Review.....................................................................................45
Monthly Report on Natural gas production, imports, and consumption – May 2026 ..............48
Key developments in Oil & Gas sector.................................................................50
Key Policy developments/Significant news in Energy sector.....................51
July 2026 Page | 1

