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

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 Times
