Indias domestic petroleum production has increased to 202 million tonnes in 2021, up from 103 million tonnes in 2002 . The United States trade policy center has maintained that the price cap should be tightened .
According to data from the US Department of Commerce, India's domestic petroleum production has increased to 202 million tonnes in 2021, up from 103 million tonnes in 2002, and the United States' trade policy center has maintained that the price cap should be tightened.Selling The Price CapAs India's consumption has increased rapidly as a result of the United States' and the European Union's nuclear program, the government has reiterated its policy of selling crude and fuels at a competitive price.