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විදසුන්
June 2025 Fuel Price Update: No change in market prices despite formula price reduction
Fuel prices remained unchanged in June 2025, with the market price of Octane 92 petrol at LKR 293.00 and auto diesel at LKR 274.00. However, the formula price has dropped for both petrol and diesel. The market price of petrol now exceeds the formula price by LKR 5.64, breaching the 3% allowable variation* threshold. Over the past four months, petrol prices remained aligned with the formula, but this month’s deviation is driven by a drop in global petrol prices—down by an average of LKR 1.62. The market price of auto diesel in June 2025 exceeds the formula price by LKR 19.11—marking a further widening of the gap that has persisted over the last three months. This increase is due to the absence of a reduction in the market price, despite a fall in the formula price by LKR 5.56. For additional information and historical comparisons, visit the Fuel Price Tracker. *Note: A 3% variation of the market price from the formula price (on pre-tax basis) is still considered consistent with the formula. This variation accounts for fluctuations in the actual purchase price of each fuel order, which results from varying supplier margins relative to the global market benchmark price.
විදසුන්
June 2025 Fuel Price Update: No change in market prices despite formula price reduction
Fuel prices remained unchanged in June 2025, with the market price of Octane 92 petrol at LKR 293.00 and auto diesel at LKR 274.00. However, the formula price has dropped for both petrol and diesel. The market price of petrol now exceeds the formula price by LKR 5.64, breaching the 3% allowable variation* threshold. Over the past four months, petrol prices remained aligned with the formula, but this month’s deviation is driven by a drop in global petrol prices—down by an average of LKR 1.62. The market price of auto diesel in June 2025 exceeds the formula price by LKR 19.11—marking a further widening of the gap that has persisted over the last three months. This increase is due to the absence of a reduction in the market price, despite a fall in the formula price by LKR 5.56. For additional information and historical comparisons, visit the Fuel Price Tracker. *Note: A 3% variation of the market price from the formula price (on pre-tax basis) is still considered consistent with the formula. This variation accounts for fluctuations in the actual purchase price of each fuel order, which results from varying supplier margins relative to the global market benchmark price.
විදසුන්
June 2025 Fuel Price Update: No change in market prices despite formula price reduction
Fuel prices remained unchanged in June 2025, with the market price of Octane 92 petrol at LKR 293.00 and auto diesel at LKR 274.00. However, the formula price has dropped for both petrol and diesel. The market price of petrol now exceeds the formula price by LKR 5.64, breaching the 3% allowable variation* threshold. Over the past four months, petrol prices remained aligned with the formula, but this month’s deviation is driven by a drop in global petrol prices—down by an average of LKR 1.62. The market price of auto diesel in June 2025 exceeds the formula price by LKR 19.11—marking a further widening of the gap that has persisted over the last three months. This increase is due to the absence of a reduction in the market price, despite a fall in the formula price by LKR 5.56. For additional information and historical comparisons, visit the Fuel Price Tracker. *Note: A 3% variation of the market price from the formula price (on pre-tax basis) is still considered consistent with the formula. This variation accounts for fluctuations in the actual purchase price of each fuel order, which results from varying supplier margins relative to the global market benchmark price.
විදසුන්
June 2025 Fuel Price Update: No change in market prices despite formula price reduction
Fuel prices remained unchanged in June 2025, with the market price of Octane 92 petrol at LKR 293.00 and auto diesel at LKR 274.00. However, the formula price has dropped for both petrol and diesel. The market price of petrol now exceeds the formula price by LKR 5.64, breaching the 3% allowable variation* threshold. Over the past four months, petrol prices remained aligned with the formula, but this month’s deviation is driven by a drop in global petrol prices—down by an average of LKR 1.62. The market price of auto diesel in June 2025 exceeds the formula price by LKR 19.11—marking a further widening of the gap that has persisted over the last three months. This increase is due to the absence of a reduction in the market price, despite a fall in the formula price by LKR 5.56. For additional information and historical comparisons, visit the Fuel Price Tracker. *Note: A 3% variation of the market price from the formula price (on pre-tax basis) is still considered consistent with the formula. This variation accounts for fluctuations in the actual purchase price of each fuel order, which results from varying supplier margins relative to the global market benchmark price.
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Sri Lanka moves closer to finalising debt restructuring with Japan
Sri Lanka’s Cabinet approved a debt restructuring agreement with JICA, following bipartisan negotiations and legal clearance, aiming to boost investor confidence and secure further international financial support....
2025-02-06
Daily FT
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ප්රවාහනය සහ සන්නිවේදනය
නාගරික සංවර්ධනය සහ නිවාස
CBSL Governor assures USD 200 Mn a month – Gammanpila
Despite Sri Lanka experiencing a foreign exchange deficit in recent months, Minister of Energy Udaya Gammanpila stated the Governor of the Central Bank has pledged to provide the Ministry of Energy with a total of USD 200 million per month f...
2021-09-30
Ceylon Today
වැඩිදුර කියවන්න
Govt to spend $50M on shippers, freight clearance
On Prime Minister Mahinda Rajapaksa’s directives, the Government has allocated USD 50 million to pay shippers and clear around 800 containers of essential commodities held at the Port.
2021-09-29
Ceylon Today
වැඩිදුර කියවන්න
Sri Lanka in talks with India for USD 500 Mn credit line for oil: Jayasundera
Sri Lanka is in discussion with the Indian government for a 500 million US dollar credit line to buy fuel to and delay payments, President’s Secretary P B Jayasundera said.
2021-09-24
economynext
වැඩිදුර කියවන්න
SL to obtain USD 100 Mn supplementary loan from World Bank to procure Covid-19 vaccines
The government plans to obtain a USD 100 million supplementary loan facility from the World Bank to procure 14 million doses of the Pfizer COVID-19 vaccine and to finance the other costs related to vaccination.
2021-09-23
Daily Mirror
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