Page 2 - Policy Economic Report - September 2026
P. 2
POLICY AND ECONOMIC
OIL & GAS MARKET
Table of Contents
Executive Summary ..................................................................................................... 5
Economy in Focus......................................................................................................... 8
Lessons from Economics..........................................................................................40
Oil Market .....................................................................................................................41
Crude oil price – Monthly Review .........................................................................................41
Indian Basket Crude oil price ................................................................................................43
Oil production situation .......................................................................................................43
Oil demand situation............................................................................................................44
Global petroleum product prices ..........................................................................................45
Petroleum products consumption in India ............................................................................47
Natural Gas Market....................................................................................................49
Natural Gas Price – Monthly Review.....................................................................................49
Monthly Report on Natural gas production, imports, and consumption – August 2026 ..........52
Key developments in Oil & Gas sector.................................................................54
Key Policy developments/Significant news in Energy sector.....................55
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