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India’s Crude Production Slipped In August While Oil Imports Jumped

India saw its domestic crude oil production drop by 2.3 percent in August compared to August 2020, government data showed on Wednesday, while India is estimated to have significantly boosted its oil imports last month compared to previous months. In August 2021, India’s crude oil production slipped due to lower crude production from oilfields operated by state-held Oil and Natural Gas Corporation (ONGC), the PTI news outlet reported, citing the government data.

  Natural gas production, however, jumped by 20.23 percent, thanks to higher…

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