Breaking News

You are here » Indian-Commodity  :  Commodities  :  Crude Oil  :  India's crude oil production slips 0.41% to 3,038.25 TMT in October

24-Nov2017

India's crude oil production slips 0.41% to 3,038.25 TMT in October

The production of crude oil during October, 2017 stood at 3,038.25 TMT which is 4.63% lower than target and 0.41% lower when compared with October 2016. The cumulative crude oil production during April-October, 2017 was 21,062.99 TMT which is 3.62% lower than target for the period and 0.24% lower than production during corresponding period of last year.

The production of natural gas during October, 2017 stood at 2,808.82 MMSCM which is 4.28% lower than the target for the month but 1.95% higher when compared with October, 2016. The cumulative natural gas production during April-October, 2017 was 19,221.73 MMSCM which is 5.13% lower than target for the period but 4.02% higher than the production during corresponding period of last year.

Further, refinery production during October, 2017 stood at 22,107.99 TMT which is 1.51% higher than the target for the month and 5.13% higher when compared with October, 2016. The cumulative production during April-October, 2017 was 1,44,605.01 TMT which is 3.37% higher than the target for the period and 1.45% higher than the production during corresponding period of last year.



Related News

View all news

Crude oil futures end lower on Monday

Crude oil futures ended lower on Monday as steep declines in the US stock market fed an aversion to so-called riskier assets, which include oil. Meanwhile, the US-China trade dispute escalated as China......

Crude oil futures end marginally lower as trade-war worries limit upside

Crude oil futures ended marginally lower on Friday as escalation in the trade war has put a return in global growth worries, which would translate to softer crude demand. The Trump administration early......

Crude oil futures end lower on Thursday

Crude oil futures ended lower on Thursday as hopes for a US-China trade deal faded. Meanwhile, crude-oil production by OPEC edged up by 30,000 barrels a day in April to 30.26 million barrels a day. However,......

Top News

View all news

SRF, NIIT Technologies and United Bank of India to see some action today

SRF has entered into a definitive agreement to sell its Engineering Plastics Business to DSM, the Life Sciences and Materials Sciences Company in an all-cash transaction, amounting to Rs 320 crore. The......

NIIT Technologies concludes sale of 88.99% stake in ESRI India Technologies

NIIT Technologies has concluded the sale of 88.99% equity shares in ESRI India Technologies, India to Environment Systems Research Institute Inc., USA. Consequent to above sale, ESRI India Technologies,......

United Bank of India to raise Rs 1,500 crore by various means

United Bank of India has received approval to raise equity capital not exceeding Rs 1,500 crore in one or more tranches during the financial year by way of Qualified Institutions Placement, Public Issue,......