By Srinivas Chowdary Sunkara // petrobazaar // 16th Dec, 2021.

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), Low Sulphur Heavy Stock(LSHS) prices revised down while Petcoke prices kept untouched by Oil marketing companies (OMCs) on a fortnightly basis in India.

As We predicted, In India, Industrial fuel oil prices decreased on 16/12/2021 , for the second half of Dec across all the oil marketing companies. The  Furnace oil (F.O) basic prices are revised down by Rs.2560 to Rs.41439.82 or 5.81% per KL, Light Diesel Oil (LDO) prices are revised down by Rs.2800 or 5.22% to Rs.50840/- per KL from Visakha depo, Superior Kerosene Oil (SKO-Industrial) prices are down by Rs.2763 per KL to Rs.73207 per KL from Visakha depo, Low sulphur heavy stock (LSHS) prices in Mumbai dropped by Rs.2830 to Rs.45560/- per MT while Petcoke prices kept untouched by Rs.17930 wef 16/12/2021.

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