FO LDO Price as on 16th August, 2024.
Furnace oil (FO) and Light Diesel Oil(LDO) retail selling prices are reduced in India as petrobazaar.com predicted. At the Visakha depot, the price of Furnace Oil decreased by Rs. 2742.21 per kiloliter (KL), a reduction of 5%, bringing the new price to Rs. 51,999.33 per KL. The price per metric ton (MT) of FO also fell by Rs. 2850, or 4.99%, to Rs. 54,200 per MT. Light Diesel Oil (LDO) saw a significant price drop, decreasing from Rs. 64,820 to Rs. 62,730 per KL, a reduction of Rs. 2090, or 3.22%. Industrial Fuel oil prices are dropped due to downside pressure on HSFO prices in Singapore markets on widening ample availability of Fuel oil. Meanwhile, the price of Superior Kerosene Oil (SKO) remained stable at Rs. 93,400.00, with no change.
