Furnace oil (F.O), LSHS and Petcoke prices increased while Light Diesel oil (LDO) prices decreased as on 16112022

Check out for Prices!

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


FO LDO LSHS PETCOKE PRICES IN INDIA

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.

FO LSHS PETCOKE PRICES INCREASED WHILE LDO PRICES DECREASED IN INDIA

16/11/2022 PRICE IN VSP PRICE IN VSP
LOCATION 1/11/22 16/11/22 CH+/-
FO 43581.54 44771.54 1190
LDO 81560 81040 -520

FO LSHS PETCOKE PRICES INCREASED WHILE LDO PRICES DECREASED IN VISAKAPATNAM

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.

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

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

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