INDUSTRIAL FUEL PRICES ON 16/06/2023 IN INDIA BY SRINIVAS CHOWDARY SUNKARA
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) and Light Diesel Oil (LDO), and LSHS prices were revised down by Oil marketing companies (OMCs) on a fortnightly basis in India.
As We predicted, In India, Industrial fuel oil prices changed on 16/6/2023, for the second half of June across all the oil marketing companies. The Furnace oil (F.O) basic prices are revised down by Rs.1310 to Rs.44151.54 or 2.88% per KL, Light Diesel Oil (LDO) prices are revised down by Rs.40 or 0.07% to Rs.58900/- per KL from Visakha depo, Low sulphur heavy stock (LSHS) prices in Mumbai decreased by Rs.3350 to Rs.48260/- per MT wef 16/6/2023.
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