:: Industrial Fuels --- ID :: 17302
Furnace oil(F.O), Light Diesel Oil(LDO), Petcoke , LSHS , SKO prices are plunged as on 16/4/2020
FO , LDO , SKO , LSHS , COKE PRICES ARE DOWN AS ON 16/4/2020

By Srinivas Chowdary Sunkara // petrobazaar // 16th April  2020.


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 revised down wef 16/04/2020 , for the second half of April across all the oil marketing company depos. The  Furnace oil (F.O) basic prices are revised down by Rs.570 per KL or 2.5% to Rs.22299.82 per KL, Light Diesel Oil (LDO) prices are reduced by Rs.2180 per KL or 7.72% at Rs.26050/- per KL from Visakha depo, Superior Kerosene Oil (SKO-Industrial) prices are changed on downside with Rs.2720 per KL to Rs.43673 per KL from Visakha depo, Low sulphur heavy stock (LSHS) prices are decreased by Rs.1620 or 6.12% and Petcoke prices are slipped by Rs.350 at Rs.7000 wef 16/4/2020.


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