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2 sources·Updated 1h ago

Fuel Prices Adjusted: Diesel Gap Narrows, Petrol Gap Widens

Sri Lanka's November fuel price revision narrowed the gap between auto diesel and its cost-recovery formula price, while increasing the difference for petrol. Despite a Rs. 10 increase in petrol prices, the retail-to-formula gap widened by Rs. 6 to Rs. 57 per litre. Diesel pricing saw a smaller gap of Rs. 62 compared to Rs. 75 previously.

AIThe headline and summary here were written with AI from the newsrooms' reports and checked against them. AI can make mistakes, so read the linked reports for the full account.

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Full coverage

  • Hiru News - English·1h agoNovember fuel revision narrows diesel price gap but widens petrol shortfall
  • NewsWire English·4h agoNovember fuel price hike narrows diesel pricing gap, widens petrol gap: report

Summary

424 per litre against a cost-recovery price of Rs. 414 per litre, compared with a formula price of Rs. 150 per litre for Petrol 92 and Rs.

Summarised from Hiru News - English

What this story is about

Organisations
  • Ceylon Petroleum Corporation·
  • Central Bank of Sri Lanka·
  • Ministry of Finance·
  • PublicFinance.lk·
  • Verité Research
Places
  • Singapore·
  • Sri Lanka

At a glance

Newsrooms
2
Articles
2
First reported
Nov 4, 2:02 PM
Latest update
Nov 4, 5:02 PM

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