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OEM Update

Crude oil production up 4pc in June

August 13, 2009 11:42 am

India’s crude oil production rose by over 4 per cent in June, but refineries turned 3.7 per cent less crude oil into petroleum products. Crude production rose 4.1 per cent to 2.75 million tons, despite a 3.5 per cent fall in output of Oil & Natural Gas Corporation to 2.02 million tons, according to the latest data by the petroleum ministry. The higher output may be because of Reliance Industries oil production from Krishna Godavari basin.

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