By Srinivas Chowdary Sunkara // petrobazaar // 01st August, 2020.
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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 revised up wef 1/8/2020 , for the first half of August across all the oil marketing companies. The Furnace oil (F.O) basic prices are increased by Rs.1000 per KL or 3.57% to Rs.28999.82 per KL, Light Diesel Oil (LDO) prices rose by Rs.610 per KL or 1.84% at Rs.33820/- per KL from Visakha depo, Superior Kerosene Oil (SKO-Industrial) prices are changed on upside with Rs.1280 per KL to Rs.65240 per KL from Visakha depo, Low sulphur heavy stock (LSHS) prices are advanced by Rs.1040 or 3.27% to Rs.32820 and Petcoke prices are decreased by Rs.1500 to Rs.8000 wef 01/08/2020.
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