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The Economic Times

Economy / The Economic Times

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India crude oil production falls for 11th year, gas declines again

India's crude oil and natural gas production continued to decline in 2025-26 due to ageing fields and a lack of new discoveries, increasing import dependence. Despite policy reforms, limited foreign investment and a perception of policy instability hinder exploration efforts needed to revive domestic output.

22 Apr 2026 11:57 pm