New Delhi, Sept. 17 -- State-owned Oil India Limited (OIL) is targeting crude oil production of around 4 million metric tonnes this year, with production currently running at about 86,000 barrels per day, Chairman and Managing Director Ranjit Rath said on Thursday.

Speaking to the media, Rath said the company is working to increase crude oil production, supported by its exploration, drilling and production enhancement efforts.

"We are looking forward to 4 million metric tons of crude oil production this year. As we speak, we are doing about 86,000 barrels per day," Rath said.

The company had reported an 11 per cent year-on-year growth in crude oil production in the first quarter of FY27, he said.

According to OIL's official statement,...