FO LDO Price as on 16th October 2024.
Furnace Oil (FO) and Light Diesel Oil (LDO) prices were revised on October 16, 2024, at the Visakha depot in India. The cost of Furnace Oil increased by Rs. 1110 per kiloliter (KL), representing a 2.22% hike, bringing the new price to Rs. 50,989.33 per KL. Similarly, the price per metric ton (MT) of Furnace Oil rose by Rs. 1150 or 2.21%, reaching Rs. 53,140 per MT. The price of Light Diesel Oil spiked by Rs. 2470 or 4.28%, increasing from Rs. 57,700 to Rs.60,170 per KL. Meanwhile, the price of Superior Kerosene Oil (SKO) remained unchanged at Rs. 93,400 per KL. LSHS price revised up by Rs.1190 to Rs.55450 per Mt from Mumbai terminal. Increase in Key graded fuel oil spot prices sagged up industrial fuel oil prices in India.
