NEW DELHI: Domestic crude oil production declined 5% in July from a year earlier mainly on 16% output contraction from fields operated by private players. Natural gas output fell by a tenth.
The total crude output in July was 2,634 thousand metric tonnes (TMT) with the biggest contribution of 1,739 TMT by Oil and Natural Gas Corp (ONGC) whose output barely changed in a year, as per official data. Oil India NSE 0.41 %’s production declined 8% in July from a year earlier.
