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Featured Insight
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.
Featured Insight
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.
Featured Insight
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.
Featured Insight
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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January 2025 Fuel Price Update: Market and Formula Price Comparison
On 01 January 2025, the market prices of 92-octane petrol and auto diesel remained unchanged. However, the Public Finance Fuel Price Tracker indicates that both fuel types...
பி.எஃப். வயரில் இணைப்பிலிருந்து
Source:
Economy Next
Sri Lanka to buy wind power from Adani for 8.26 US...
Sri Lanka is purchasing power from wind plants developed by Adani Green Energy Limited of India. The agreed price for the power is...
மேலும் வாசிக்க
Source:
Economy Next
Sri Lanka IOC unit reports profits of Rs8.2bn in D...
Lanka IOC, a unit of Indian Oil Corporation has reported profits of 8.2 billion rupees for the December 2022 quarter, up from only 980 million US dollars a year earlier. https://econom...
மேலும் வாசிக்க
Source:
Sunday Times
Kerawalapitiya power plant: 40 percent of shares f...
The Finance Ministry has signed a framework agreement with a United States-based company to sell 40 percent of shares of the Treasury-owned 300MW Kerawalapitiya Yugadhanavi Power Plant instead of 51 percent as originally proposed.
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நுண்ணறிவு வலு மற்றும் நீர் வழங்கல்
July 2025 Fuel Price Update: Petrol alig...
Fuel prices increased in July 2025, follo...
June 2025 Fuel Price Update: No change i...
Fuel prices remained unchanged in June 20...
May fuel price update: Petrol aligned wi...
In May 2025, the prices of both Petrol 92...
April Fuel Price Update: Petrol 92 Align...
In April 2025, the market price of Petrol...
Fuel market price unchanged for 4 months...
Since December 2024, the market prices of...
February 2025 Fuel Price Update: Fuel Pr...
On 01 February 2025, the retail prices of...
January 2025 Fuel Price Update: Market a...
On 01 January 2025, the market prices of...
Fuel Price Formula: Revised Methodology
In January 2025, the
November 2024 Fuel Price Update: Market...
Following the monthly fuel price revision...
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இடைக்கால வரவுசெலவுத் திட்டமா அல்லது இரகசிய வரவுசெல...
பின்வரும் முன்மொழிவுகளை செயல்படுத்தும் முகவராக பாதுகாப்பு அமைச்சு நியமிக்கப்பட்டுள்ளது. 1) STEM-ஐ மையமாகக் கொண்ட பல்கலைக்கழக வளாகங்களை நிறுவுதல். STEM என்பது அறிவியல், தொழில்நுட்பம், பொறியியல் மற்றும் கணிதம் ஆகிய துறைகளை ஒருங்கிணைக்கும் கற்ற...
மேலும் வாசிக்க
VAT to drive revenue growth in 2024
Sri Lankan budgets have consistently overestimated the capacity to raise revenue. Therefore, it is prudent to examine from where the 45% increase in revenue is expected. The chart above shows that more than half the increase (56%) is expected from increasing the VAT r...
மேலும் வாசிக்க
Sanitary Napkins: Subjected to Unreasonably High T...
The total tax burden on Sanitary napkins is 47.1%, this is significantly higher than the tax burden of selected non-essentials items, gold jewelry, raw silk, golf clubs and golf balls and military artill...
மேலும் வாசிக்க