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India crude oil production sinks again for 11th year as imports tighten the noose

Economy
Published on 24 April 2026
India crude oil production sinks again for 11th year as imports tighten the noose

Ageing fields and fewer discoveries are driving a steady slide

India’s crude oil and natural gas output kept falling in 2025-26, extending an 11-year slide as ageing fields drain production and new discoveries fail to replace losses. The result: rising import dependence. Even with policy reforms, foreign investment remains limited and fears over policy stability are discouraging exploration needed to reverse domestic decline.

  • Crude oil production fell for the 11th straight year in 2025-26
  • Natural gas output also declined again, worsening domestic supply gaps
  • Ageing fields and fewer new discoveries are behind the downturn
  • Foreign investment and policy confidence issues slow new exploration
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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