New Delhi: India’s indigenous crude oil and condensate production fell by 3.1 per cent year-on-year to 2.3 million metric tonnes (MMT) in April 2025, according to data released by the Petroleum Planning and Analysis Cell (PPAC) of the Ministry of Petroleum and Natural Gas.
Oil and Natural Gas Corporation (ONGC) produced 1.5 MMT, Oil India Ltd (OIL) produced 0.3 MMT, while fields under production sharing and revenue sharing contracts (PSC/RSC) produced 0.5 MMT during the month.
Total crude oil processed by Indian refineries stood at 21.5 MMT in April 2025, down 0.6 per cent from April 2024. Public sector undertakings and joint ventures processed 15.2 MMT, and private refiners processed 6.3 MMT. Indigenous crude oil processed amounted to 1.9 MMT, while imported crude processed totalled 19.6 MMT.
India’s crude oil imports declined by 1.0 per cent year-on-year in April 2025. The country’s net import bill for oil and gas during the month was USD 11.4 billion, compared with USD 12.4 billion in April 2024. Of the total, crude oil imports accounted for USD 10.8 billion, liquefied natural gas (LNG) imports for USD 1.3 billion, while petroleum product exports stood at USD 2.4 billion.
The average price of Brent crude oil fell to USD 67.79 per barrel in April 2025 from USD 72.60 per barrel in March 2025 and USD 90.15 per barrel in April 2024. The Indian crude basket averaged USD 67.73 per barrel during April 2025, as against USD 72.47 in March 2025 and USD 89.44 in April 2024.
Total production of petroleum products in April 2025 stood at 22.4 MMT, a decline of 4.2 per cent from April 2024. Of this, 22.1 MMT came from refineries and 0.3 MMT from fractionators. Among major petroleum products, high-speed diesel (HSD) accounted for 42.2 per cent of total production, motor spirit (MS) for 17.5 per cent, naphtha 6.5 per cent, aviation turbine fuel (ATF) 6.4 per cent, pet coke 5 per cent, and liquefied petroleum gas (LPG) 4.4 per cent. The remaining volume included bitumen, fuel oil/low sulphur heavy stock (FO/LSHS), light diesel oil (LDO), lubricants and others.
Imports of petroleum products declined by 9.0 per cent year-on-year in April 2025, primarily due to a decrease in imports of fuel oil and lubricants/lube oil base stock (LOBS). Exports of petroleum products fell by 12.4 per cent, largely due to lower exports of HSD and ATF.
Consumption of petroleum products stood at 20.1 MMT in April 2025, down 0.2 per cent from 20.2 MMT in April 2024. Consumption of HSD rose by 4.4 per cent, MS by 5.0 per cent, ATF by 3.9 per cent, and LPG by 6.2 per cent, while pet coke, superior kerosene oil (SKO), and other products registered a decline in consumption.
The ethanol blending rate in petrol for April 2025 was 19.7 per cent. The cumulative blending during the period from November 2024 to April 2025 was 18.6 per cent.
Total natural gas consumption, including internal consumption, was 5,901 million standard cubic metres (MMSCM) in April 2025, up 9.1 per cent from the same period last year. Gross natural gas production stood at 2,908 MMSCM, showing a decline of 1.7 per cent year-on-year. Prorated LNG imports for April 2025 were 3,031 MMSCM, which was 21.3 per cent higher than April 2024.
A senior official from the Ministry of Petroleum and Natural Gas said, “The monthly data reflects fluctuations in both upstream and downstream operations. While lower domestic crude and gas production remains a concern, the rise in natural gas consumption and ethanol blending signals ongoing diversification in fuel sources and operational adaptation to pricing trends.”
