By Srinivas Chowdary Sunkara // petrobazaar // 16th October, 2022.
FO LDO LSHS 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), Light Diesel Oil (LDO) Superior Kerosene Oil (SKO), Petcoke and Low Sulphur Heavy Stock(LSHS) prices increased by Oil marketing companies (OMCs) on a fortnightly basis in India.
FO LDO LSHS PRICES INCREASED IN INDIA
FO LDO LSHS PRICES INCREASED IN VISAKAPATNAM
As We predicted, In India, Industrial fuel oil prices increased on 16/10/2022 , for the second half of October across all the oil marketing companies. The Furnace oil (F.O) basic prices are revised up by Rs.800 to Rs.45371.54 or 1.79% per KL, Light Diesel Oil (LDO) prices are revised up by Rs.7720 or 10.85% to Rs.78880/- per KL from Visakha depo, Low sulphur heavy stock (LSHS) prices in Mumbai increased by Rs.320 to Rs.49240/- per MT wef 16/10/2022.
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