By Srinivas Chowdary Sunkara // petrobazaar // 16th Mar, 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), Low Sulphur Heavy Stock(LSHS) prices are revised up by Oil marketing companies (OMCs) on a fortnightly basis in India.
As We predicted, In India, Industrial fuel oil prices revised up on 16/3/2022 , for the second half of Mar across all the oil marketing companies. The Furnace oil (F.O) basic prices are revised up by Rs.7830 to Rs.56829.82 or 15.97% per KL, Light Diesel Oil (LDO) prices are revised up by Rs.13610 or 21.40% to Rs.77200/- per KL from Visakha depo wef 16/3/2022.
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