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 Increased wef 16/01/2020 , for the second half of January across all the oil marketing company depos. The Furnace oil (F.O) basic prices are revised up by Rs.3640 per KL or 13.1% to Rs.31419.82 per KL, Light Diesel Oil (LDO) prices are increased by Rs.1370 per KL or 3.26% to Rs.43390/- per KL from Visakha depo, Superior Kerosene Oil (SKO-Industrial) prices are changed marginally upside to Rs.59700 from Vijayawada depo, Low sulphur heavy stock (LSHS) prices are soared by Rs.4330 or 15.07% and Petcoke prices unchanged at Rs.5740/- per Mt wef 16/1/2020.
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