By Srinivas Chowdary Sunkara // petrobazaar // 1st Feb, 2022.

Furnace Oil (F.O), Light Diesel Oil (LDO), Superior Kerosene Oil (SKO) – Industrial , Low Sulphur Heavy Stock(LSHS) and Petcoke are the Industrial fuels largely used as a fuel to generate electricity and heat in different sectors. Being market-linked, Furnace Oil (FO), Light Diesel Oil (LDO) Superior Kerosene Oil (SKO), Low Sulphur Heavy Stock(LSHS) prices are revised up by Oil marketing companies (OMCs) on a fortnightly basis in India.

As We predicted, In India, Industrial fuel oil prices revised up on 1/2/2022 , for the first half of Feb across all the oil marketing companies. The  Furnace oil (F.O) basic prices are revised up by Rs.3860 to Rs.48319.82 or 8.68% per KL, Light Diesel Oil (LDO) prices are revised up by Rs.4360 or 7.95% to Rs.59230/- per KL from Visakha depo, Low sulphur heavy stock (LSHS) prices in Mumbai escalated by Rs.4020 to Rs.52610/- per MT wef 1/2/2022.

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