Fuel price revision likely today

1 October 2022 11:20 am - 6 - {{hitsCtrl.values.hits}}

A A A

A fuel price revision for the first quarter of this month to be made today, the power and energy ministry had earlier announced.

According to amendments made to the fuel pricing formula, the fuel price revision is expected to take place on the 1st and the 15th of every month as per the fluctuation of oil prices in the global arena.

According to the formula, previsous fuel price revision took place on July 17 and it remained unchanged until today. (Chaturanga Samarawickrama)

Order Gifts and Flowers to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Grocery, Kids Toys, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,Astrology, Courier/Delivery, Medicine Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka

Comments - 6

Kk Saturday, 01 October 2022 12:04 PM

The 1st of October has already passed. If the revision is due on it should be now inforce . For example if you have to pay tax on 1st October now it is activated. Why this theory does not apply to price reductions?

Athk69 Saturday, 01 October 2022 01:04 PM

The price of oil worldwide is seeing a significant reduction. Hope that some of these reductions will get passed down to the consumers.

Samantha Hetti Saturday, 01 October 2022 01:16 PM

Some filling stations are short filling as found in recent raid of two CPC owned stations. CPC should put in their own inspectors to ensure proper amount of fuel is supplied at both their own, and privately owned by CPC branded outlets. Otherwise 1-2% price down, and then 3-4% less fuel provided after revision at some stations.

Ram Saturday, 01 October 2022 01:58 PM

Fuel formula is inapplicable for increased fuel price. Don't expect any reduction in fuel price

Kanchana Saturday, 01 October 2022 05:27 PM

Motorists, please brush you teeth with Gopal Tooth Paste and await a price reduction?

Johan Saturday, 01 October 2022 08:58 PM

They just want LIOC to earn more money.. That goes out of the country..No benifit for Lankan people.. Stealing money from people and give it to LIOC..

Add comment
Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

Fuel price revision likely today

Comments - 6

Add comment

RECOMMENDED

UDA owned land in Thalawathugoda; UDA Minister Prasanna Ranatunga under the spotlight for forceful occupation of reserved land

Loss-making SMIB faces political pressure in recovering loans

Baltimore Bridge Collapse: MV Dali, SL authorities anchored in mystery?

Has Sri Lanka become a potential hub for the illegal wildlife trade?

Spotlight on Moragahakanda Development Project Moragolla villagers lose livelihoods and down to one meal a day

Ambitious Sri Lankan jobseekers ‘trafficked into Ukraine war zones’

Western purple-faced langurs see blue!

Most Viewed in News

Belgian traveller scammed in Kalutara

Confusion remains if April 15 is a bank holiday

23 year old youth ends up having his testicles removed

New Visa procedure implemented

Street food vendor arrested for verbally harassing foreigner

Complaint lodged over Piumi Hansamali's possession of Gota’s Range Rover

MIRROR CRICKET

How does CSK get best out of Pathirana?

Mendis, Mathews move up in ICC Test Rankings

Chamodi, Dewmi spins Sri Lanka U19 Women to big win

Amir, Wasim return to Pakistan national team

TODAY'S HEADLINES

100 Police personnel trained to target criminals operating on motorbikes

Catholic Church receives full report

Complaint lodged over Piumi Hansamali’s possession of Gota’s Range Rover

We are struggling with severe shortage of staff – Excise Chief

Mendis, Mathews move up in ICC Test Rankings

Security raised for Champions League ties after threat

SLA target four events at Paris Olympic Games

Chamodi, Dewmi spins Sri Lanka U19 Women to big win