India’s crude oil production falls 5% in November
NEW DELHI : India’s crude oil production fell by 5% in November primarily due to a sharp drop in output at Rajasthan oilfields operated by private sector Cairn Vedanta, government data showed on Tuesday.
India is dependent on imports for 85% of its needs and the government is pushing domestic explorers to raise output to help cut down imports.
Crude oil production in November at 2.48 million tonnes was lower than 2.61 million tonnes produced in the same month a year back.
