Sri Lanka Hikes Retail Fuel Prices Amid Global Crude Oil Volatility Due to Middle East Conflict
Summary
Sri Lanka has increased retail fuel prices due to global crude oil price volatility caused by the Middle East conflict, with price hikes effective nationwide from Monday midnight.
Key Points
- Sri Lanka has increased retail fuel prices nationwide amid international crude oil price fluctuations due to the Middle East conflict.
- Auto diesel price increased by 22 rupees to 303 rupees per liter, and super diesel by 24 rupees to 353 rupees per liter.
- Prices of 92 Octane petrol and 95 Octane petrol rose by 24 and 25 rupees respectively, to 317 and 365 rupees per liter.
- Ceylon Petroleum Corporation ensured fuel supply measures including orders through international tender and stated reserves are sufficient till end of April.