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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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බලශක්තිය සහ ජල සැපයුම
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ප්රවාහනය සහ සන්නිවේදනය
නාගරික සංවර්ධනය සහ නිවාස
Sri Lanka to restructure US $ 800mn water debt
Sri Lanka, with World Bank support, will restructure $800 million in water sector debt and access credit enhancement schemes to ensure transparent, affordable new water projects, aligning with SDG6, according to Minister Jeevan Thondaman.
2024-05-21
Daily Mirror
වැඩිදුර කියවන්න
Sri Lanka expects talks with bondholders ‘very soon’: Minister
The country aims to complete its debt restructuring by June 2024 and proceed to the next round with the IMF board. Bondholders hav...
2024-05-21
Economy Next
වැඩිදුර කියවන්න
Strong performance under IMF prog.
Sri Lanka’s overall performance in the International Monetary Fund (IMF) has been strong as the macroeconomic policies have started to bear fruit, an IMF official said.
2024-05-20
The Morning
වැඩිදුර කියවන්න
Govt. revenue in January surge 62% on economic turnaround, higher taxes
The revenue to the government, including the grants, rose by a staggering 61.8 percent in January 2024. This is a result of the government raking in billions of rupees out of people’s pockets to appease the International Monetary Fund’s rev...
2024-05-20
Daily Mirror
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