By Srinivas Chowdary Sunkara // petrobazaar // 1st November, 2022.
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) Superior Kerosene Oil (SKO), Petcoke and Low Sulphur Heavy Stock(LSHS) prices changed mix by Oil marketing companies (OMCs) on a fortnightly basis in India.
As We predicted, In India, Industrial fuel oil prices changed mix on 1/11/2022 , for the first half of November across all the oil marketing companies. The Furnace oil (F.O) basic prices are revised down by Rs.1790 to Rs.43581.54 or 3.94% per KL, Light Diesel Oil (LDO) prices are revised up by Rs.2680 or 3.40% to Rs.81560/- per KL from Visakha depo, Low sulphur heavy stock (LSHS) prices in Mumbai decreased by Rs.1880 to Rs.47360/- per MT wef 1/11/2022.
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