LPG imports from US surge, oil buys fall in Q1
New Delhi, Sept. 1 -- India's imports of petroleum products from the US, mainly liquefied petroleum gas (LPG), surged 254% year-on-year to $2.60 billion in the first quarter of 2026-27, even as crude oil imports from the country fell 57.5% to $1.57 billion during the same period, according to government data.
The rise in LPG imports during April-June was partly driven by global energy supply disruptions linked to the war in West Asia, particularly disruptions affecting supplies from the Gulf region, experts said, requesting anonymity. LPG, or cooking gas, is a variable mix of propane and butane. Oil marketing companies often import the two components separately in liquid form.
According to the latest available granular data, India's crude o...
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