India Oil and Gas Sector Report 2025 Q2

Brent crude prices averaged USD 79.8/bbl in Q2 FY2025, a 7.9% y/y and 5.7% q/q decline. After rising in July 2024 by 3.5% m/m, Brent crude prices declined by 5.6% y/y in August and 7.9% y/y in September. While prices increased by 2.2% m/m in October, they declined by 1.7% m/m in November. Crude oil prices have been volatile and tend to increase when there is an escalation in geopolitical tensions, particularly in the Middle East, but subsequently have been easing on demand concerns. After averaging USD 80.4/bbl in August, Brent crude prices have hovered around the USD 75/bbl market in October and November. An increase in the penetration of electric vehicles (EVs) in Europe, and the resumption of Libyan crude output are raising concerns about an oversupply situation keeping prices in check.

This report provides a complete and detailed analysis of the "Oil exploration" sector for India. EMIS Insights presents in-depth business intelligence in a standard format across countries and regions, providing a balanced mix between analysis and data.

What this report allows you to do:

• Understand the key elements at play in the "Oil exploration" sector in India
• Crystallise the forces both driving and restraining this sector in India
• Ascertain India’s position in the global sector
• Build a complete perspective on sector trade, investment and employment
• Understand the competitive landscape and who the major players are
• View M&A activity and major deals
• Gain an understanding of the regulatory environment for the sector in India.
• Build a clear picture of trends, output and consumption for specific sub-sectors