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» Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei
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» Presidential poll between 15 Nov-7 Dec
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» Easter Sunday Attack and Sri Lanka
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» Tolerance at its Best !
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» Flying is the Safest mode of Transport
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» සදහම් අටුවාව
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» අනං මනං! #/+?.<>
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» My Port Folio Bleeding But Its just the Begining Of..
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» Thread for News on CSE and SL Economy
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» HNB.N0000 ( Hatton National Bank PLC)
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» Re: Financial reports Q1-2019
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» Sri Lanka mulls 25-pct ownership limit in finance companies
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» Searing Heat in China Is Causing Havoc for Rubber Makers
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» COMB.N0000 ( COMMERCIAL BANK OF CEYLON PLC )
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» Israeli spyware breached WhatsApp security
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» Is Burka prohibted ?
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» Thread for General News Local/Foreign
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» Fed Rate hike , Rs Devaluation PART 2 : Should CSE be like this? Whose FAULT is it?
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» NEST.N0000
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» What to Analyse
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» Sweden-based Tundra Fund says Colombo bourse at lowest levels since 2009
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» Telenor and Dialog Axiata's parent in talks to merge Asian businesses
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» සුබ පාස්කූ මංගල්ලයක් වේවා !
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» In the Meantime, Within Our Shores !
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» LLUB.N0000 (CHEVRON LUBRICANTS LANKA PLC)
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» Thread for News on Local and Foreign Politics
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» how to access internet ?
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» SERV - The Kingsbury
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» Lessons from movies
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» DFCC.N0000 ( DFCC BANK PLC )
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» Happy Birthday
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» Little Known Facts !
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» හීන්බන්ඩාගේ රැකියාව ඇසූ පසු පොලිස් නෝනලාට තරු පෙනුනා
Sri raises fuel prices, future revisions weekly EmptySat Apr 20, 2019 10:07 am by ruwan326

» HASU.N0000 (HNB ASSURANCE PLC)
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» EAST WEST PROPERTIES PLC (EAST.N0000)
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» අසිරිමත් සුබ නව වසරකට ආසිරි !
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» SEYLAN DEVELOPMENTS PLC (CSD.N0000)
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» East West properties
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» HHL.N0000 ( Hemas Holdings PLC)
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» කිරි පිටි ගැන ඔබ මෙතෙක් නොදත් දේ
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» CONN.N0000
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» LION.N0000 (Lion Brewery Ceylon PLC)
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»  5000 Post Milestone - Congratulations
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» NTB.N0000 (NATIONS TRUST BANK PLC)
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» Micro Finance
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» REXP.N0000 ( RICHARD PIERIS EXPORTS PLC)
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» PLC.N0000 ( People's Leasing and Fiance PLC)
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» VPEL.N0000 (VALLIBEL POWER ERATHNA PLC )
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» SAMP.N0000 (SAMPATH BANK PLC)
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Sri raises fuel prices, future revisions weekly

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Sri raises fuel prices, future revisions weekly Empty Sri raises fuel prices, future revisions weekly

Post by The Invisible on Fri Jul 06, 2018 8:13 am

ECONOMYNEXT - Sri Lanka is tipped to raise prices under a price formula from midnight on July 05, and changes are expected to happen weekly, Treasury sources said.

Ceylon Petroleum Corporation is expected to raise Lanka Petrol 92 Octane by 8 rupees (now 137), 95 Octane by 7 (now 148), Lanka Auto Diesel by 9 (now 109), and Super diesel by 10 (now 119), sources said.

The prices will hold for a week.

Sri Lanka had earlier said prices will be revised every two months, based on the average Singapore price of the last two months.

Oil prices which was a little over 70 dollars when prices were first hiked in May fell as low as 65 dollars last year before bouncing back.

In developed countries, prices change daily. Since the changes are small there is no rush to top up tanks before prices are raised. (Colombo/July05/2018)
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Sri raises fuel prices, future revisions weekly Empty Re: Sri raises fuel prices, future revisions weekly

Post by The Invisible on Fri Jul 06, 2018 4:27 pm

CPC has issued a circular to sell fuel at previous prices. So what is now happening????
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Sri raises fuel prices, future revisions weekly Empty Re: Sri raises fuel prices, future revisions weekly

Post by Ethical Trader on Fri Jul 06, 2018 6:35 pm

Any way, if the government decided not to increase fuel prices its a foolish and selfish political decision to stay in power by mortgaging the country. They should now pack up & go. But IOC has raised prices.
The Invisible wrote:CPC has issued a circular to sell fuel at previous prices. So what is now happening????
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