Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Mar 23, 2022

Crude Oil Output Fell 2.19% In February

Crude oil production in the country fell 2.19 per cent to 2272.26 thousand metric tonnes (TMT) in February 2022

Crude Oil Output Fell 2.19% In February
India's crude oil production fell in February

Crude oil production in the country fell 2.19 per cent to 2272.26 thousand metric tonnes (TMT) in February 2022, compared to the corresponding period of last year.

According to the data provided by the petroleum ministry, crude production in February 2022 also fell short of the official target by 5.6 per cent.

Meanwhile, the cumulative crude oil production during April-February 2021-22 was 27,162.3 TMT, 4.71 per cent lower than the target and 2.57 per cent lower than the production during the corresponding period of last year.

Also Read | Layoffs Are Rising In Tech, But These Skills Are Helping People Unlock Better Pay

Also Oil and Natural Gas Corporation's (ONGC) crude production in the nomination block during February 2022 was 1510.52 TMT, which is 2.92 per cent lower than the target of the month under review and 2.22 per cent lower than the output recorded in February 2021. 

The petroleum ministry releases crude oil production data on a monthly basis.

Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search
Listen to the latest songs, only on JioSaavn.com