Furnace oil (F.O), Light Diesel oil (LDO), SKO and Petcoke prices decreased while LSHS prices increased as on 1682022

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By Srinivas Chowdary Sunkara // petrobazaar // 16th August, 2022.

FO LDO SKO LSHS PETCOKE PRICE 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 prices decreased while Low Sulphur Heavy Stock(LSHS) prices increased by Oil marketing companies (OMCs) on a fortnightly basis in India.

FO LDO SKO PETCOKE PRICES DECREASED WHILE LSHS PRICES INCREASED IN INDIA 

16/8/2022 PRICE IN VSP PRICE IN VSP
LOCATION 1/8/22 16/8/22 CH+/-
FO 49789.82 48749.82 -1040
LDO 78730 76070 -2660

FO LDO SKO PETCOKE PRICES DECREASED WHILE LSHS PRICES INCREASED IN VISAKAPATNAM

As We predicted, In India, Industrial fuel oil prices decreased on 16/8/2022 , for the second half of August across all the oil marketing companies. The  Furnace oil (F.O) basic prices are revised down by Rs.1040 to Rs.48749.82 or 2.08% per KL, Light Diesel Oil (LDO) prices are revised down by Rs.2660 or 3.38% to Rs.76070/- per KL from Visakha depo, Superior Kerosene Oil (SKO-Industrial) prices are down by Rs.3260 per KL to Rs.98972.74 per KL from VJA depo, Low sulphur heavy stock (LSHS) prices in Mumbai increased by Rs.30 to Rs.53930/- per MT while Petcoke prices unchanged by Rs.18950 wef 16/8/2022.

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

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

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