Furnace oil (F.O) and Light Diesel oil (LDO) prices increased while Petcoke prices decreased as on 162023

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By Srinivas Chowdary Sunkara // petrobazaar // 1st June, 2023.

FO LDO PETCOKE PRICES IN INDIA

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) prices were revised up while Petcoke prices were decreased by Oil marketing companies (OMCs) on a fortnightly basis in India.

FO LDO PETCOKE PRICES CHANGED IN INDIA

1/6/2023 PRICE IN VSP PRICE IN VSP
LOCATION 16/5/23 1/6/23 CH+/-
FO 45161.54 45461.54 300
LDO 57740 58940 1200

FO LDO PETCOKE PRICES CHANGED IN VISAKAPATNAM

As We predicted, In India, Industrial fuel oil prices changed on 1/6/2023, for the first half of June across all the oil marketing companies. The  Furnace oil (F.O) basic prices are revised up by Rs.300 to Rs.45461.54 or 0.66% per KL, Light Diesel Oil (LDO) prices are revised up by Rs.1200 or 2.08% to Rs.58940/- per KL from Visakha depo while Petcoke prices decreased by Rs.12900 wef 1/6/2023.

Disclaimer: Views and opinions expressed here are personal. This commentary is for  information purposes only and not an offer or a solicitation to sell or buy any physical commodities or financial instruments. The views and analysis are based on reliable public information available at the time of writing. This report and its content cannot be copied, redistributed, or reproduced in part or whole without the prior written permission of petrobazaar.com

Disclaimer: Views and opinions expressed here are personal. This commentary is for information purposes only and not an offer or a solicitation to sell or buy any physical commodities or financial instruments. The views and analysis are based on reliable public information available at the time of writing. This report and its content cannot be copied, redistributed or reproduced in part or whole without the prior written permission of petrobazaar.com

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