FUEL OIL PRICES IN INDIA
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.
FUEL OILS PRICE TREND IN INDIA
As We predicted, In India, Industrial fuel oil prices are Increased wef 01/01/2020 , for the first half of January across all the oil marketing company depos. The Furnace oil (F.O) basic prices are revised up by Rs.3059 per KL or 12.37% to Rs.24719 per KL, Light Diesel Oil (LDO) prices are increased by Rs.1860 per KL or 4.63% to Rs.42020/- per KL from Visakha depo, Superior Kerosene Oil (SKO-Industrial) prices are changed marginally upside to Rs.59693.85 from Vijayawada depo, Low sulphur heavy stock (LSHS) prices are soared by Rs.3190 or 12.49% at Rs.28720 per Mt and Petcoke prices unchanged at Rs.5740/- per Mt wef 1/1/2020.
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