The country imported 159.2 million tonne of crude oil during April to November, up 3.4% from 154.7 million tonne in the corresponding period of last fiscal.In November, however, the import bill for crude oil declined by almost 13% whereas the volume jumped by 2.7% to 19.1 million tonne compared to November 2023.The country's dependency on import of crude oil during April to November of the current fiscal rose to 88.1%, up from 87.6% in the corresponding period of FY24 amid rising demand and stagnant domestic production.Upstream companies produced 19.1 million tonne of crude oil during the period, slightly down from 19.6 million tonne in the same period last fiscal.

Crude import bill up 5% in Apr-Nov

1790,2114,428,247,3125,4929

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