Sri Lanka cuts diesel, kerosene prices

Sri Lanka
By Editor_1
People, including farmers, queue up outside a fuel station, amid the country's worst economic crisis, in Kilinochchi district, Sri Lanka on July 28, 2022 -Devjyot Ghoshal/Reuters

COLOMBO  – Sri Lanka’s state-run Ceylon Petroleum Corporation (CPC) reduced price of auto diesel by 3.5% or 15 rupees to 405 rupees a litre and kerosene by 2.7% or 10 rupees to 355 rupees with effect from Monday (2) midnight.

The price of diesel was at 420 rupees a litre and was last revised on December 5, 2022.

The CPC’s only competitor Lanka IOC, a subsidiary of Indian Oil Corporation, also reduced the prices in line with the CPC decision.

Super diesel and petrol 95 Octane remained at 510 rupees a litre, while 92 Octane remained at 370 rupees.

-economynext.com

 

Editor_1
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