No price change at CEYPETCO despite IOC surge

Date:

There will be no price revision on fuel at the Ceylon Petroleum Corporation despite the price hike proceeded by the Indian Oil Company (IOC), said the Energy Ministry.

The IOC yesterday surged the price of petrol by Rs. 20 per litre and all types of diesel by Rs. 15 per litre.

Accordingly, one litre of Octane 92 petrol sold by the IOC will be Rs. 204 and diesel, Rs. 139.

The IOC had previously surged the price of fuel on February 06 as well.

In the backdrop, the CEYPETCO has also requested the Energy Ministry for a price surge, but to no avail.

MIAP

Share post:

spot_imgspot_img

Popular

More like this
Related

Ceylon Dollar Bond Fund Shines amid Revival of Sovereign Confidence

Sri Lanka’s dollar bond market once battered by default...

Sri Lanka beer market balances tax burden with tourist-driven demand

Sri Lanka’s beer sector is navigating a delicate balance...

Expert Warns of dismantling tariffs and para-tariffs Risking  Economic Stability 

Sri Lanka must not rush into dismantling tariffs and...

Sri Lanka Tourism Booma, amidst Revenue Bust and : Mismanaged Agencies

Sri Lanka may be celebrating record-breaking tourist arrivals, but...