Sales Trend and Cost Structure of Indian Oil Industry – An Analysis

In Indian oil industry there are highly profitable units as well as loss-making units. Therefore, in this paper an attempt has been made to study the different elements of cost in Indian oil industry. To analyze the revenue aspect of industry the trend analysis is also made. To give justification to analysis several statistical tools been also used in this. Importance of Oil Industry India is fast emerging as a major global market for petro-leum products. The critical requirement for achieving higher growth rates is clearly the production and supply of sufficient amount of energy resources. However, not only will India continue to remain deficient in energy, but the gap between demand and domestic production is expected to grow con-siderably in the near future, crude oil expected to grow con-siderably is the near future, crude oil is particularly importan