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ගවේෂණය කරන්න
විදසුන්
May fuel price update: Petrol aligned with formula, diesel still priced above
In May 2025, the prices of both Petrol 92 and Auto Diesel were reduced in Sri Lanka. Petrol 92 dropped by LKR 6 per litre, while Auto Diesel saw a more significant cut of LKR 12 per litre. This marks the fourth consecutive month in which the retail price of Petrol 92 has remained aligned with its formula price. In contrast, the price of Auto Diesel continues to exceed the formula benchmark, despite the market price reduction. The formula price of Petrol 92 was revised down to LKR 290.6 per litre in May—a decrease of LKR 6.3 from April. The market price was just LKR 2.4 lower than the formula price, placing it within a 2% variation. This narrow margin confirms that petrol prices remain effectively aligned with the formula. Auto Diesel, however, tells a different story. Even after the LKR 12 price cut in May, its market price is still LKR 13.6 higher than the formula price. This follows an already significant disparity in April, when the market price exceeded the formula price by LKR 17.2. Moreover, falling global fuel prices further pushed the diesel formula price down by LKR 8.4 in May, widening the gap between the market and formula prices despite the local adjustment. For further details, including taxes per litre and a comparison of Sri Lanka’s fuel prices with regional countries, visit the Fuel Price Tracker. *Note: A 2% variation of the market price from the formula price is still considered consistent with the formula. This variation accounts for fluctuations in the actual purchase price of each fuel order, which result from varying supplier margins relative to the global market benchmark price.
විදසුන්
May fuel price update: Petrol aligned with formula, diesel still priced above
In May 2025, the prices of both Petrol 92 and Auto Diesel were reduced in Sri Lanka. Petrol 92 dropped by LKR 6 per litre, while Auto Diesel saw a more significant cut of LKR 12 per litre. This marks the fourth consecutive month in which the retail price of Petrol 92 has remained aligned with its formula price. In contrast, the price of Auto Diesel continues to exceed the formula benchmark, despite the market price reduction. The formula price of Petrol 92 was revised down to LKR 290.6 per litre in May—a decrease of LKR 6.3 from April. The market price was just LKR 2.4 lower than the formula price, placing it within a 2% variation. This narrow margin confirms that petrol prices remain effectively aligned with the formula. Auto Diesel, however, tells a different story. Even after the LKR 12 price cut in May, its market price is still LKR 13.6 higher than the formula price. This follows an already significant disparity in April, when the market price exceeded the formula price by LKR 17.2. Moreover, falling global fuel prices further pushed the diesel formula price down by LKR 8.4 in May, widening the gap between the market and formula prices despite the local adjustment. For further details, including taxes per litre and a comparison of Sri Lanka’s fuel prices with regional countries, visit the Fuel Price Tracker. *Note: A 2% variation of the market price from the formula price is still considered consistent with the formula. This variation accounts for fluctuations in the actual purchase price of each fuel order, which result from varying supplier margins relative to the global market benchmark price.
විදසුන්
May fuel price update: Petrol aligned with formula, diesel still priced above
In May 2025, the prices of both Petrol 92 and Auto Diesel were reduced in Sri Lanka. Petrol 92 dropped by LKR 6 per litre, while Auto Diesel saw a more significant cut of LKR 12 per litre. This marks the fourth consecutive month in which the retail price of Petrol 92 has remained aligned with its formula price. In contrast, the price of Auto Diesel continues to exceed the formula benchmark, despite the market price reduction. The formula price of Petrol 92 was revised down to LKR 290.6 per litre in May—a decrease of LKR 6.3 from April. The market price was just LKR 2.4 lower than the formula price, placing it within a 2% variation. This narrow margin confirms that petrol prices remain effectively aligned with the formula. Auto Diesel, however, tells a different story. Even after the LKR 12 price cut in May, its market price is still LKR 13.6 higher than the formula price. This follows an already significant disparity in April, when the market price exceeded the formula price by LKR 17.2. Moreover, falling global fuel prices further pushed the diesel formula price down by LKR 8.4 in May, widening the gap between the market and formula prices despite the local adjustment. For further details, including taxes per litre and a comparison of Sri Lanka’s fuel prices with regional countries, visit the Fuel Price Tracker. *Note: A 2% variation of the market price from the formula price is still considered consistent with the formula. This variation accounts for fluctuations in the actual purchase price of each fuel order, which result from varying supplier margins relative to the global market benchmark price.
විදසුන්
May fuel price update: Petrol aligned with formula, diesel still priced above
In May 2025, the prices of both Petrol 92 and Auto Diesel were reduced in Sri Lanka. Petrol 92 dropped by LKR 6 per litre, while Auto Diesel saw a more significant cut of LKR 12 per litre. This marks the fourth consecutive month in which the retail price of Petrol 92 has remained aligned with its formula price. In contrast, the price of Auto Diesel continues to exceed the formula benchmark, despite the market price reduction. The formula price of Petrol 92 was revised down to LKR 290.6 per litre in May—a decrease of LKR 6.3 from April. The market price was just LKR 2.4 lower than the formula price, placing it within a 2% variation. This narrow margin confirms that petrol prices remain effectively aligned with the formula. Auto Diesel, however, tells a different story. Even after the LKR 12 price cut in May, its market price is still LKR 13.6 higher than the formula price. This follows an already significant disparity in April, when the market price exceeded the formula price by LKR 17.2. Moreover, falling global fuel prices further pushed the diesel formula price down by LKR 8.4 in May, widening the gap between the market and formula prices despite the local adjustment. For further details, including taxes per litre and a comparison of Sri Lanka’s fuel prices with regional countries, visit the Fuel Price Tracker. *Note: A 2% variation of the market price from the formula price is still considered consistent with the formula. This variation accounts for fluctuations in the actual purchase price of each fuel order, which result 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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නාගරික සංවර්ධනය සහ නිවාස
Sri Lanka secures $ 230 m from ADB energy fund
ADB allocates $200 million for electricity modernization: $150 million to CEB, $50 million to Lanka Electricity (Pvt) Ltd.
2024-12-11
The Morning
වැඩිදුර කියවන්න
Economic activity shows positive signs in Q4
CBSL projects improved demand, sales, capacity utilization, and investment in Q4 2024, despite tight credit conditions and rising prices, with credit demand focused on operational expenses. ...
2024-12-11
The Morning
වැඩිදුර කියවන්න
Exports to reach $ 19 b in 2025
Sri Lanka's export earnings for 2025 are projected at $18.7 billion, while the country has achieved 82% of its $16.4 billion target for 2024 by earning $13.5 billion in the first 10 months, a 7.19% increase compared...
2024-12-10
The Morning
වැඩිදුර කියවන්න
Sri Lanka to get $50M IMF deal-linked policy loan from OPEC Fund
Sri Lanka approved a $50 million policy-based loan from the OPEC Fund, linked to the IMF’s Extended Fund Facility, while similar loans have been received from the World Bank and ADB, and Japan awaits bilateral debt restru...
2024-12-10
Economy Next
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