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විදසුන්
July 2025 Fuel Price Update: Petrol aligns with fuel price formula, Diesel remains above
Fuel prices increased in July 2025, following two months of unchanged rates. The market price of Octane 92 petrol rose to LKR 305. Auto Diesel reached LKR 289, the highest level recorded since September 2024. In line with retail price movements, formula prices also increased during the month. The rise in domestic fuel prices reflects the spike in international oil markets in June, driven by tensions in the Middle East. The market price of petrol exceeded the formula price of LKR 301.12 by LKR 3.88 but remained within the allowable variation threshold* set by the pricing formula. For Auto Diesel, the market price was LKR 16.75 higher than the formula price of LKR 272.25, breaching the allowable variation threshold. While the gap between the retail and formula prices narrowed compared to last month, it still persists. 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
July 2025 Fuel Price Update: Petrol aligns with fuel price formula, Diesel remains above
Fuel prices increased in July 2025, following two months of unchanged rates. The market price of Octane 92 petrol rose to LKR 305. Auto Diesel reached LKR 289, the highest level recorded since September 2024. In line with retail price movements, formula prices also increased during the month. The rise in domestic fuel prices reflects the spike in international oil markets in June, driven by tensions in the Middle East. The market price of petrol exceeded the formula price of LKR 301.12 by LKR 3.88 but remained within the allowable variation threshold* set by the pricing formula. For Auto Diesel, the market price was LKR 16.75 higher than the formula price of LKR 272.25, breaching the allowable variation threshold. While the gap between the retail and formula prices narrowed compared to last month, it still persists. 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
July 2025 Fuel Price Update: Petrol aligns with fuel price formula, Diesel remains above
Fuel prices increased in July 2025, following two months of unchanged rates. The market price of Octane 92 petrol rose to LKR 305. Auto Diesel reached LKR 289, the highest level recorded since September 2024. In line with retail price movements, formula prices also increased during the month. The rise in domestic fuel prices reflects the spike in international oil markets in June, driven by tensions in the Middle East. The market price of petrol exceeded the formula price of LKR 301.12 by LKR 3.88 but remained within the allowable variation threshold* set by the pricing formula. For Auto Diesel, the market price was LKR 16.75 higher than the formula price of LKR 272.25, breaching the allowable variation threshold. While the gap between the retail and formula prices narrowed compared to last month, it still persists. 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
July 2025 Fuel Price Update: Petrol aligns with fuel price formula, Diesel remains above
Fuel prices increased in July 2025, following two months of unchanged rates. The market price of Octane 92 petrol rose to LKR 305. Auto Diesel reached LKR 289, the highest level recorded since September 2024. In line with retail price movements, formula prices also increased during the month. The rise in domestic fuel prices reflects the spike in international oil markets in June, driven by tensions in the Middle East. The market price of petrol exceeded the formula price of LKR 301.12 by LKR 3.88 but remained within the allowable variation threshold* set by the pricing formula. For Auto Diesel, the market price was LKR 16.75 higher than the formula price of LKR 272.25, breaching the allowable variation threshold. While the gap between the retail and formula prices narrowed compared to last month, it still persists. 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
Robust worker remittance flows continue strengthening economy
Sri Lankans working abroad sent back US$ 543.8 million in April, slightly eased from US$ 572.4 million in March but substantially higher from US$ 454.0 million a year ago.
2024-05-13
Daily Mirror
වැඩිදුර කියවන්න
Lanka likely to achieve debt restructuring resolution by June 2024
Sri Lanka will soon recommence discussions with bondholders and is optimistic on achieving a resolution regarding debt restructuring by Jun 2024. The negotiations primarily focused on the...
2024-05-13
Daily News
වැඩිදුර කියවන්න
SL likely to see minimum one notch upgrade in sovereign credit ratings
Sri Lanka is likely to see a minimum one notch upgrade in sovereign credit ratings to triple C (CCC) in two to three weeks upon completion of external debt restructuring process, according to Thewarathanthri.
2024-05-13
Daily Mirror
වැඩිදුර කියවන්න
Sri Lanka might look into water tariff reduction “very soon”: Minister
Sri Lanka may reduce water prices due to lower energy costs following the sharp appreciation of the rupee. The Water Supply Minist...
2024-05-13
Economy Next
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