By Srinivas Chowdary Sunkara // petrobazaar // 1st December 2019
Furnace Oil (F.O), Light Diesel Oil (LDO), Superior Kerosene Oil (SKO) – Industrial , Low Sulphur Heavy Stock(LSHS) and Petcoke – Industrial are the 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), Low Sulphur Heavy Stock(LSHS) and Petcoke prices are changed by Oil marketing companies (OMCs) on a fortnightly basis in India.
As We predicted, In India, Industrial fuel oil prices are reduced wef 01/12/2019 , for the first fortnight of December across all the oil marketing company depos. The Furnace oil (F.O) basic prices are revised down by Rs.2640 per KL or 9.88% to Rs.24069 per KL, Light Diesel Oil (LDO) prices are decreased by Rs.590 per KL or 1.47% to Rs.39640/- per KL from Visakha depo, Superior Kerosene Oil (SKO-Industrial) prices are changed marginally on downside at Rs.58583.85 from Vijayawada depo, Low sulphur heavy stock (LSHS) prices have fallen by Rs.2770 or 10% at Rs.24890/- per Mt and Petcoke prices unchanged at Rs.5740/- per Mt wef 01/12/2019.