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LDO – light diesel oil
Diesel is a fuel suitable for burning in diesel or compression ignition engines. Petroleum diesel fuels may be distillates or blends of distillates and residual fuels. High Speed Diesel (HSD) and Light diesel oil (LDO) sold main diesel grades marketed in India. What is LDO? Where does LDO use? LDO is a blend of distillate…
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crude prices buoyed up today. 26-12-2023
Crude brent oil Futures prices for Feb delivery rose 19 cents to $79.26 a barrel while wti oil Feb Futures prices changed a little to $73.64 a barrel on Tuesday morning during Asian hours. Both the benchmarks Registered 3% weekly gains last week. Brent traded at a premium of $5.51 a barrel over wti during…
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Fuel oil prices went up in singapore market. 22-12-2023
Fuel oil graded vlsfo prices ticked up $9/mt to $620/mt while hsfo prices edged up $12/mt to $466/mt today at singapore trading hub. Fuel oil cash premiums for 0.5% vlsfo closed at $6.50/mt while cracks were at a premium of $11.52 per barrel. The cash premiums for 380 cSt HSFO closed at $4.75/mt. Fuel oil…
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Crude supplier Angola left opec. 22-12-2023
Crude brent oil Futures prices for Feb delivery rose 62 cents or 0.78% to $80.01 a barrel while wti oil Feb Futures added 64 cents or 0.86% a barrel on Friday morning during Asian hours at the time of reporting. Both the benchmarks closed below 5% down yesterday. Brent premium over wti widened to $5.5…











