Page 2 - Policy_Economic_Report_September2020
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Policy and Economic Report:
Oil & Gas Market
Table of Contents
Executive Summary ..................................................................................................... 2
Economy in Focus ......................................................................................................... 4
Oil Market ..................................................................................................................... 27
Crude oil price ....................................................................................................................... 27
Oil Prices Decline as Rising Covid-19 Cases Stalls Recovery .................................................... 28
Indian Basket Crude oil price ................................................................................................. 29
Upstream activity & Rig count ............................................................................................... 29
Oil Demand & Supply ............................................................................................................. 32
Global Petroleum Product Prices ........................................................................................... 33
Petroleum Products Consumption in India ............................................................................. 35
Natural Gas Market .................................................................................................... 36
Natural Gas Price ................................................................................................................... 36
Monthly Report on Natural Gas Production, Imports and Consumption – August 2020 .......... 38
Key Developments in Oil & Gas Sector during September 2020 ................ 40
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September 2020
