PETROL, DIESEL PRICES UP

Fuel prices were revised by the Ceylon Petroleum Corporation from midnight yesterday, a Finance Ministry spokesman said.

Accordingly Octane 92 Petrol will be increased by Rs. 8, Octane 95 by Rs. 7, Diesel by Rs. 9 and Super Diesel by Rs. 10 per liter.

Finance and Mass Media Ministry Information Director M. Ali Hassen said the new fuel revision will be reviewed on a weekly basis.

He said the Committee to monitor the implementation of the fuel pricing formula will meet next week as well to decide on the fuel prices.

The government recently introduced a cost based fuel pricing formula.

 

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