New Delhi: India’s indigenous crude oil and condensate production in July 2025 stood at 2.4 million metric tonnes (MMT), registering a de-growth of 0.7 per cent over the corresponding month last year, according to data released by the Petroleum Planning and Analysis Cell (PPAC).
Of the total production, 75.3 per cent came from Nomination fields, 13.8 per cent from Pre-NELP fields and 10.8 per cent from NELP fields.
Crude oil processed during July was 23.3 MMT, 3.2 per cent higher than July 2024. PSU and JV refiners processed 15.8 MMT, while private refiners processed 7.5 MMT. Indigenous crude processed stood at 2.3 MMT and imported crude at 21 MMT. In April–July 2025-26, crude oil processing rose 1.4 per cent compared with the same period of the previous year.
Crude oil imports declined 4.3 per cent in July and 0.6 per cent in April–July 2025-26 compared to the corresponding periods a year earlier. The net oil and gas import bill stood at USD 9.4 billion in July 2025 against USD 11.4 billion in July 2024. Of this, crude oil imports accounted for USD 9.3 billion, LNG imports USD 1.2 billion, while exports were USD 3.0 billion.
Brent crude price averaged USD 70.99 per barrel in July 2025 as against USD 71.46 in June 2025 and USD 85.31 in July 2024. The Indian basket crude averaged USD 70.95 per barrel in July 2025 compared with USD 69.77 in June 2025 and USD 84.15 in July 2024.
Production of petroleum products in July 2025 was 24 MMT, lower by 1.5 per cent year-on-year. Out of this, 23.7 MMT came from refineries and 0.3 MMT from fractionators. Cumulative production in April–July 2025-26 fell 0.4 per cent compared with the same period of FY 2024-25. Major products in July 2025 included HSD with 43.6 per cent share, MS 17.1 per cent, naphtha 7.1 per cent, ATF 5.9 per cent, petcoke 5.1 per cent and LPG 4.7 per cent.
Imports of POL products declined 12.7 per cent in July 2025 and 1.5 per cent in April–July 2025-26, mainly due to lower imports of fuel oil and petcoke. Exports of POL products fell 0.2 per cent in July 2025 but rose marginally by 0.02 per cent during April–July, driven by higher exports of naphtha and motor spirit.
Consumption of petroleum products was 81.0 MMT in April–July 2025, lower by 0.5 per cent compared with 81.4 MMT in the same period of the previous year. Growth was recorded in LPG (7.5 per cent), motor spirit (6.8 per cent), ATF (2.3 per cent) and HSD (2.6 per cent), besides SKO and LDO. For July 2025 alone, consumption was 19.4 MMT, down 4.2 per cent year-on-year. Ethanol blending in petrol was 19.9 per cent in July 2025, with cumulative blending at 19.1 per cent during November 2024 to July 2025.
Total natural gas consumption, including internal use, was 5,875 MMSCM in July 2025, 12.6 per cent lower than the same month last year. Cumulative consumption till July 2025 stood at 23,134 MMSCM, down 7.9 per cent year-on-year.
Gross production of natural gas was 2,967 MMSCM in July 2025, 3.7 per cent lower compared with July 2024. Cumulative production in April–July 2025-26 was 11,754 MMSCM, down 3.1 per cent.
LNG imports were 2,946 MMSCM in July 2025, 20.2 per cent lower year-on-year, while cumulative imports stood at 11,534 MMSCM in April–July, a decline of 12.4 per cent compared to the corresponding period last year, PPAC data showed.>
