By Srinivas Chowdary Sunkara // petrobazaar // 16th June, 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 up wef 16/6/2020 , for the second half of June across all the oil marketing company depos. The Furnace oil (F.O) basic prices are increased by Rs.3330 per KL or 14.54% to Rs.26229.82 per KL, Light Diesel Oil (LDO) prices rose by Rs.3540 per KL or 13.23% at Rs.30290/- per KL from Visakha depo, Superior Kerosene Oil (SKO-Industrial) prices are changed on upside with Rs.3740 per KL to Rs.60780 per KL from Visakha depo, Low sulphur heavy stock (LSHS) prices are advanced by Rs.3470 or 13.10% to Rs.29940 and Petcoke prices are reduced at Rs.5900 wef 16/6/2020.
CLICK HERE FOR PRICELIST
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