By Srinivas Chowdary Sunkara // petrobazaar // 1st Sep, 2021.

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 on 1/10/2021 , for the first half of Oct across all the oil marketing companies. The  Furnace oil (F.O) basic prices are hiked by Rs.2530 to Rs.46479.82 or 5.75% per KL, Light Diesel Oil (LDO) prices are revised up by Rs.2480 or 5.06% to Rs.51470/- per KL from Visakha depo, Superior Kerosene Oil (SKO-Industrial) prices are up by Rs.2710 per KL to Rs.82880 per KL from Visakha depo, Low sulphur heavy stock (LSHS) prices are pushed up by Rs.2640 to Rs.51099/- per MT and Petcoke prices are up at Rs.15080 wef 1/10/2021.

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