-
ஜெனரல்
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.
