By Srinivas Chowdary Sunkara // petrobazaar // 16th November, 2022.

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), Petcoke and Low Sulphur Heavy Stock(LSHS) prices increased while Light Diesel Oil (LDO) prices decreased by Oil marketing companies (OMCs) on a fortnightly basis in India.

As We predicted, In India, Industrial fuel oil prices changed mix on 16/11/2022 , for the second half of November across all the oil marketing companies. The  Furnace oil (F.O) basic prices are revised up by Rs.1190 to Rs.44771.54 or 2.73% per KL, Light Diesel Oil (LDO) prices are revised down by Rs.520 or 0.64% to Rs.81040/- per KL from Visakha depo, Low sulphur heavy stock (LSHS) prices in Mumbai increased by Rs.1010 to Rs.48370/- per MT while Petcoke prices increased by Rs.18750 wef 16/11/2022.

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