Fuel oil stocks pile up to 145,000 tonnes; IPPs limit buying

Fuel oil stocks pile up to 145,000 tonnes; IPPs limit buying

… by refineries.
Latest furnace oil utilisation figures on Wednesday … refineries produce high sulphur furnace oil (HSFO). Currently, 6 … crude oil, “which if not utilised will adversely impact gas … when electricity production from gas drastically declines.
As per …

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  • On January 7, 2022
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