Free Trial

India’s August Crude Oil Output Rose 2.1% YoY

OIL

India’s crude oil output rose by 2.1% year on year in August, matching the July growth rate, data from Indian Ministry of Commerce and Industry showed.

  • Refinery products output rose by 9.5% year on year in August, up from a year-on-year increase of 3.6% in July and the highest year on year growth rate so far this year.
  • Natural gas production also rose on the year by 10%, compared with 89% the month prior – also marking the highest year on year increase.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.