Categories: Headlines

Fuel prices to increase with pricing formula

In accordance with the pricing formula activated by the Ministry of Finance, there is the possibility of the price of fuel being increased from today said the general secretary of the Ceylon Petroleum Corporation Trade Union D.J. Rajakaruna.

He said that in view of the appreciation of the Dollar and the price of crude oil in the world market rising an increase in the price of Fuel in the local market could be expected. During the past three months in which the pricing formula was in operation the price of Petrol and Diesel increased.

During the first three months from 10th July to 10th September the price of Octane 92 Petrol increased by Rs 12, Octane 95 Petrol increased by Rs 11, Supiri Diesel Litre by Rs 13 and Auto Diesel by Rs 14 the Petroleum Corporation stated.

Lankanewspapers

Recent Posts

LNP – U.S.tariffs a disaster similar to Covid-19, tsunami in economic terms: Prez

President Kumara Dissanayake reportedly told the political party representatives yesterday that the U.S. tariffs slapped…

2 hours ago

LNP – ASPI soars to record-breaking high with biggest daily gain ever

The All Share Price Index (ASPI) recorded its highest ever daily gain, surging by 704.88…

2 hours ago

LNP – Passport services limited to noon on April 15 to 17

The Department of Immigration and Emigration announced that tokens for the one-day and normal passport…

2 hours ago

LNP – Vasavilan-Palaly road reopens after 34 years

The Vasavilan–Palaly road, which remained closed for 34 years due to the prolonged civil conflict,…

21 hours ago

LNP – Pilot project to enable online traffic fine payments

Sri Lanka Police has launched a pilot project to enable motorists to pay traffic fines…

21 hours ago

LNP – US Dollar climbs above Rs. 300 for first time since September 2024

The Sri Lankan rupee has declined against the US dollar today (10), with the spot…

22 hours ago