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First Guy
First Guy
Posts : 2598
Join date : 2014-02-22

Oil Price updates Empty Oil Price updates

Mon Dec 29, 2014 7:38 am
Message reputation : 100% (2 votes)

CPC fuel import prices ‘did not decrease parallel to global rates

Data from the Central Bank of Sri Lanka shows that the price of fuel imported by the Ceylon Petroleum Corporation has not reduced parallel to the fall in oil prices globally.

Central Bank data shows that while world oil prices were at $112.27 cents per barrel in June this year, the CPC was importing oil at a cost of $113.42.

When prices fell to $87.51 cents per barrel in October, the CPC was importing oil at a cost of $99.39. While data for the cost of crude oil imported by the CPC in November is not yet available, oil prices worldwide are currently around $60 per barrel.

Notably, while world oil prices have dropped by about 46 percent since June, the prices of petrol and diesel in Sri Lanka have only reduced by 6 percent in this time frame.

http://newsfirst.lk/english/2014/12/cpc-fuel-import-prices-not-decrease-parallel-global-rates/69654
nihal123
nihal123
Top contributor
Top contributor
Posts : 6327
Join date : 2014-02-24
Age : 56
Location : Waga

Oil Price updates Empty Re: Oil Price updates

Mon Dec 29, 2014 7:44 am
Thanks First Guy
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serene
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Top contributor
Posts : 4850
Join date : 2014-02-26

Oil Price updates Empty Re: Oil Price updates

Mon Dec 29, 2014 9:29 am
Thanks 1st G.
Will it be True when Crude Oile price goes Up.
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Jana1
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Top contributor
Posts : 630
Join date : 2014-02-23

Oil Price updates Empty Re: Oil Price updates

Mon Dec 29, 2014 1:37 pm
FG,

It depends on their contract period. I heard CPC go with contract sometimes 1.5-2 years. They take safe option as always oil price go up.
nihal123
nihal123
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Top contributor
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Oil Price updates Empty Re: Oil Price updates

Tue Dec 30, 2014 1:39 pm
Message reputation : 100% (1 vote)
තෙල් මිල තවත් පහළ යයි.

Tuesday, 30 December 2014 - 13:24ලෝක වෙළඳපළේ තෙල් මිල තවදුරටත් වාර්තාගත අන්දමින් පහත වැටී තිබෙනවා. ඊයේ දිනයේදී ද බොරතෙල් බැරලයක මිල ඩොලරයකින් පහත වැටුණු අතර එම මිල සටහන් වූයේ ඩොලර් 54ක් ලෙසයි. එය 2009 වසරෙන් අනතුරුව එනම්, වසර 5කින් වාර්තා වූ අවම තෙල් මිලයි.

http://www.livecharts.co.uk/MarketCharts/crude.php
http://www.livecharts.co.uk/MarketCharts/brent.php
sashimaal
sashimaal
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Top contributor
Posts : 5785
Join date : 2014-02-28

Oil Price updates Empty Re: Oil Price updates

Tue Dec 30, 2014 1:56 pm
Thanks Nihal + ; now USD 52 range...
nihal123
nihal123
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Top contributor
Posts : 6327
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Age : 56
Location : Waga

Oil Price updates Empty Re: Oil Price updates

Tue Jan 06, 2015 12:42 am
To day 2015.01.06 12.40 Am
http://www.livecharts.co.uk/MarketCharts/crude.php=50.50 $
http://www.livecharts.co.uk/MarketCharts/brent.php=53.55 $
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