India Oil and Gas Sector Report 2025 Q4

In Q4 FY2025, average Brent crude prices stood at USD 75.8/bbl, an 8.7% y/y decline, in contrast to a 1.6% q/q increase. In January, Brent crude averaged USD 79.3/bbl, a 7.3% m/m rise, driven by U.S. sanctions on vessels linked to the Russian Federation and Iran. However, this upward momentum was short-lived. Prices fell by 4.8% m/m in February and 3.6% m/m in March, amid growing concerns over global economic growth and a significant policy shift by OPEC+ to expedite the unwinding of voluntary production cuts.

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