FO LDO price jumped on 16th July, 2024.
| PRODUCT | 01-07-2024 | 16-07-2024 |
| FO | Rs. 54111.54 | Rs. 55469.33 |
| LDO | Rs. 64470 | Rs. 66130 |
FO LDO prices revised up in India for the second half of July. On July 16th 2024, the prices of Furnace Oil (FO) and Light Diesel Oil (LDO) gone up. The base price of FO increased by Rs. 1357.79 per kiloliter (KL), or 2.51 to Rs. 55469.33 per KL. In Visakhapatnam, FO prices jumped by Rs. 1410 per metric ton (MT), or 2.5% to Rs. 57,810 per MT.
LDO prices were hiked by Rs. 1660 per KL, or 2.57%, bringing the price to Rs. 66,130 per KL at Visakhapatnam depot as on July 16, 2024. Low-sulphur heavy stock (LSHS) prices increased by Rs. 1220 per metric ton, or 2.08%, to Rs. 59,620 per metric ton. Superior Kerosene Oil (SKO) prices remain unchanged at Rs. 93,400 per KL.
increasing fuel prices always make energy costly to diesel boilers, LDO boilers and FO boilers. Boilers are made for hot water that generate steam to pharma, Hospitality and food industries. Higher oil prices weigh on economic activity in turn push inflation up. petrobazaar.com offers alternative competitive fuel solutions to end users. reach out to srinivas@petrobazaar.com
