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Fuel price reduced

1 November 2018 08:27 pm - 21     - {{hitsCtrl.values.hits}}


The price of a litre of Petrol had been reduced by Rs.10 while a liter of Auto Diesel was reduced by Rs.7 with effect from midnight  today, the Ministry of Finance said.

Accordingly, a litre of petrol will be sold at Rs.145 and a litre of auto diesel will be Rs.116

Lubricants including the 2T lubricants used in three-wheelers and small agricultural engines have been reduced by Rs.10 per litre

A cost-based pricing mechanism will be implemented on fuel in place of the monthly fuel price formula.

  Comments - 21

  • Unchikun Thursday, 01 November 2018 08:35 PM

    Nice, the is no formula and a it is a free for all. Now the bus fares?

    Ghost Friday, 02 November 2018 06:41 AM

    And gas, and beer, and parippu!!!

    Public commuters Friday, 02 November 2018 07:16 AM

    This price reduction only for vehicle owners not for public transport people!

    Max Thursday, 01 November 2018 08:36 PM

    Way to go the new govt! Jayawewa.

    dravid Thursday, 01 November 2018 09:02 PM

    for how long? this is typical asian politics and 10 days later you will see how things move on

    jayawickrama Friday, 02 November 2018 12:02 AM

    Don't be fooled but temporary incentives that are thrown at you by MR. Once they are permanently elected, they will go back to charging the actual price.

    Suresh Thursday, 01 November 2018 08:38 PM

    Jaya wewa! Dont increase after elections

    REYNOLD ABEYKOON Thursday, 01 November 2018 08:40 PM


    Coulton Thursday, 01 November 2018 08:54 PM

    Ha ha.. MRs old carrot tactics put again to get votes! Last time when the prices are reduced in markt still we didn't get the benefit.

    Dascon Thursday, 01 November 2018 09:20 PM

    What Srilankans really need is unstable political situations and more regular elections

    kumar Thursday, 01 November 2018 09:37 PM

    today a trishaw charged Rs.80 for a distance less than a km

    S Fernando Thursday, 01 November 2018 09:52 PM

    see? Mara has already started to get kickbacks of Rs 30 per KM from three wheelers

    DN Thursday, 01 November 2018 09:48 PM

    Mr. Gammanpila said Petrol can be sold @ Rs. 95/- . Can we have it for Rs.95/-?

    TONY Thursday, 01 November 2018 11:50 PM


    Ruwan Wijesekera Friday, 02 November 2018 01:59 AM

    I think this the fuel is coming directly from MR's oil the world market prices are going up and the US Dollar rate is going up... ???

    Lalu Friday, 02 November 2018 07:57 AM

    It comes from Manner oil basin

    lion Friday, 02 November 2018 06:21 AM

    god give us a another end so we can laugh from triple ends.

    Karu Friday, 02 November 2018 06:30 AM

    Three wheelers can now come down to Rs. 20 per km.

    Sambo Friday, 02 November 2018 07:52 AM

    So now its back to carrots. They know the major of our people are uneducated stupid. easy to fool them. Reduce b ten and increase by 25.

    GH Friday, 02 November 2018 06:41 PM

    It is good for the time being. Await more in the future sir.

    Aajibu Friday, 02 November 2018 06:53 PM

    Finally the fuel pricing formula worked. This price reduction is temporary and definitely the price would go up by double the amount of reduction. Also the reduction will only benefit the private vehicle owners. The tuktuk/bus/cab fares should be reduced too, Does the government officials has taken necessary steps to reduce the fares?????

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