India’s crude oil output dips 0.6% in April

India’s crude oil output dips 0.6% in April

India’s crude oil production fell 0.6 per cent to 2.93 million tonnes in April after Cairn India shut some 70-odd wells at its biggest oil field in prolific Rajasthan block.

Crude oil production stood at 2.95 million tonnes in the same month last year, according to a statement by Petroleum Ministry today.

State-owned Oil and Natural Gas Corp (ONGC) output was up 2.5 per cent to 1.84 million tonnes but lower production by private sector firms dragged down the overall production. Read more

Credits:economictimes.indiatimes.com

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