Page 2 - Policy Economic Report - October 2025
P. 2
POLICY AND ECONOMIC REPORT
OIL & GAS MARKET
Table of Contents
Executive Summary ..................................................................................................... 3
Economy in Focus......................................................................................................... 6
Lessons from Economics..........................................................................................24
Oil Market .....................................................................................................................26
Crude oil price – Monthly Review .........................................................................................26
Indian Basket Crude oil price ................................................................................................28
Oil production situation .......................................................................................................28
Oil demand situation............................................................................................................29
Global petroleum product prices ..........................................................................................30
Petroleum products consumption in India ............................................................................32
Natural Gas Market....................................................................................................34
Natural Gas Price – Monthly Review.....................................................................................34
Monthly Report on Natural gas production, imports, and consumption – September 2025 ....38
Key developments in Oil & Gas sector.................................................................40
Key Policy developments/Significant news in Energy sector.....................41
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