LIOC also reduces fuel prices

Lanka IOC has also revised prices of its auto fuels with effect from midnight yesterday, the LIOC announced. 

Accordingly, LIOC reduced the price of 'Lanka Auto Diesel (LAD)' by LKR 2/- per liter & "Lanka Petrol 92 (LP92)"& Xtra Premium 95 Petrol (Euro 4) by LKR 2/- per liter. Similarly Lanka IOC also reduces price of Super Diesel (Euro 4) by LKR 3/- per liter even though company is incurring huge losses on sale of auto fuels.