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

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), Light Diesel Oil (LDO) and Low Sulphur Heavy Stock(LSHS) prices changed by Oil marketing companies (OMCs) on a fortnightly basis in India.

As We predicted, In India, Industrial fuel oil prices changed on 1/4/2023 , for the first half of April across all the oil marketing companies. The  Furnace oil (F.O) basic prices are revised down by Rs.3310 to Rs.43801.54 or 7.02% per KL, Light Diesel Oil (LDO) prices are revised down by Rs.3920 or 5.82% to Rs.63430/- per KL from Visakha depo, Low sulphur heavy stock (LSHS) prices in Mumbai decreased by Rs.3450 to Rs.47680/- per MT wef 1/4/2023.

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