CPC too increases fuel prices

1 October 2023 10:45 pm Views - {{hitsCtrl.values.hits}} 6 Bookmark

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Shortly after Sinopec announced revisions to its fuel prices, the Ceylon Petroleum Corporation (CPC) also increased its fuel prices, which will come into effect from midnight today.

Under the new price revision, Lanka Petrol 92 Octane will now be sold at Rs. 365 per litre, showing an increase of Rs. 04 from the previous rate while Lanka Petrol 95 Octane Euro 4 has seen an increase of Rs. 03 per litre, bringing the new price to Rs. 420.

Besides, Ceypetco has also adjusted the prices of diesel. Accordingly, Auto Diesel now stands at Rs. 351 per litre, reflecting an increase of Rs. 10 while the price of Super Diesel has been increased by Rs. 62, reaching Rs. 421 per litre.

Also, the price of kerosene has been hiked by Rs. 11, resulting in a revised rate of Rs. 242 per litre.

Comments - 6

Ram Monday, 02 October 2023 03:24 AM

When the Chinese Company increased our jokers too increased to fall in line and will blame Chinese company

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Steve Monday, 02 October 2023 03:43 AM

Seems to be a regular occurrence every first of the month. All these petroleum companies are working hand-in-hand to rob the common man.

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Cugan Monday, 02 October 2023 04:35 AM

Of course why not

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melville perera Monday, 02 October 2023 08:05 AM

just a week ago the Minister announced on TV that three shipments of fuel will be in port in October. Were these ordered at today's price change??? We were supposed to have three months' buffer stocks to avoid immediate price change till 3 months and this condition is applicable to all consumer items and importers are quick to effect the change in similar manner trotting out stupid explanations

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Sambo Monday, 02 October 2023 09:47 AM

How come SYNOPEC increases prices even before the CPC increases. What did you say before. With the competition prices will reduce but it only gets increased.

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Perera Monday, 02 October 2023 01:18 PM

@melville p - in Sri Lanka petrol prices don't increased daily basis as in some other countries. Last several months crude oil prices have been going up in the world market. If the import crude prices decreased you could expect lower local prices and if not you need to learn how to live with higher petrol

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