India’s crude oil and petroleum product output, refinery throughput fall in April 2025

The indigenous crude oil and condensate production recorded a 3.1% drop.

India's production of finished petroleum products fell by 4.2% in April. ANI

NEW DELHI: India's indigenous crude oil production, refinery throughput, and output of finished petroleum products witnessed a decline in April 2025, according to data released by the Petroleum Planning and Analysis Cell (PPAC) on Thursday.

The indigenous crude oil and condensate production in April 2025 recorded a 3.1% year-on-year decline compared to April 2024. Crude oil processed by Indian refineries during the same month also saw a marginal reduction of 0.6%, while the production of finished petroleum products fell by 4.2%.

According to the PPAC, India’s indigenous crude oil and condensate production stood at 2.3 million metric tonnes (MMT) in April 2025. Of this, Oil and Natural Gas Corporation (ONGC) contributed the largest share at 1.5 MMT, followed by Oil India Limited (OIL) with 0.3 MMT, and Production Sharing/Revenue Sharing Contracts (PSC/RSC) operators accounting for 0.5 MMT.

The decline in domestic production is primarily attributed to the natural depletion of mature, decades-old oil fields. Despite technological advancements, extracting the remaining reserves from these aging fields is becoming increasingly complex and cost-intensive.

Total crude oil processed by Indian refineries in April 2025 stood at 21.5 MMT, a slight decrease of 0.6% compared to April 2024. Public Sector Undertakings (PSUs) such as Indian Oil Corporation Limited (IOCL), Bharat Petroleum Corporation Limited (BPCL), and Hindustan Petroleum Corporation Limited (HPCL), along with joint venture (JV) refiners, processed a total of 15.2 MMT.

Private refiners like Reliance Industries and Nayara Energy handled the remaining 6.3 MMT. Of the total crude processed, 19.6 MMT was imported, while 1.9 MMT came from indigenous sources. The production of petroleum products in April 2025 dropped by 4.2% to 22.4 MMT compared to the same period in 2024. High-Speed Diesel (HSD) remained the dominant product, accounting for 42.2% of the total production.

This was followed by Motor Spirit (MS or petrol) at 17.5%, Naphtha at 6.5%, Aviation Turbine Fuel (ATF) at 6.4%, Pet Coke at 5%, and Liquefied Petroleum Gas (LPG) at 4.4%. The remaining share included products such as bitumen, fuel oil/LSHS, light diesel oil, and lubricants.  

The decline in petroleum product output also impacted exports. According to the PPAC, exports of petroleum oil and lubricants (POL) products fell by 12.4% in April 2025 compared to the same month last year.