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ONGC Gears Up For $60 Oil Era, Eyes Strong Production Revival

ONGC Gears Up For $60 Oil Era, Eyes Strong Production Revival

Chetan Bhutani
Chetan Bhutani
  • New Delhi,
  • Oct 14, 2025,
  • Updated Oct 14, 2025, 4:05 PM IST

ONGC is preparing for a $60-per-barrel world with renewed production, $400 million in fresh investments, and ₹4,300 crore in value initiatives. The state-run giant says crude prices will likely hover between $60–$65 per barrel for the next few years as demand, supply, and clean energy transitions reshape global markets.

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