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LNG may help, but US crude oil unlikely to bridge trade gap fast

Business Standard LogoBusiness Standard5h ago

LNG may help, but US crude oil unlikely to bridge trade gap fast - Business Standard

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The question is: Can we expect such big gains in India’s purchases of oil and liquefied natural gas (LNG) in Trump’s second term?

India made a big start in 2018, a year after Trump took office, with US crude oil imports jumping fivefold and peaking at 415,000 barrels per day (bpd) in 2021 when he left office.

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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-23 @ 23:35:52 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 116 words

Reading Time: 1 minutes read

Sentences: 5 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 26354234

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About Business Standard

Business Standard Logo

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 199 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 4 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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The story "LNG may help, but US crude oil unlikely to bridge trade gap fast" was covered 5 hours ago by Business Standard, a news publisher based in India.

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It's most recent story was published 4 hours ago.

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  • News ID: #26354234
  • URL: https://chronographically.beamstart.com/news/lng-may-help-but-us-17403344509987

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