Page 2 - Policy Economic Report - November 2024
P. 2
POLICY AND ECONOMIC REPORT
OIL & GAS MARKET
Table of Contents
Executive Summary ..................................................................................................... 3
Economy in Focus......................................................................................................... 5
Lessons from Economics..........................................................................................23
Oil Market .....................................................................................................................25
Crude oil price – Monthly Review .........................................................................................25
Indian Basket Crude oil price ................................................................................................27
Oil production situation .......................................................................................................27
Oil demand situation............................................................................................................28
Global petroleum product prices ..........................................................................................29
Petroleum products consumption in India ............................................................................31
Natural Gas Market....................................................................................................33
Natural Gas Price – Monthly Review.....................................................................................33
Monthly Report on Natural gas production, imports, and consumption – October 2024.........36
Key developments in Oil & Gas sector.................................................................38
Key Policy developments/Significant news in Energy sector.....................39
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