Notable
It is also exploring a Russian oil deal amid fuel shortage, price hike
Sri Lanka likely to hit further if it cannot secure fuel in near future
Sri Lanka grapples due to fuel shortage, global price hike amid Middle East war
Before price hike, government increased weekly fuel quota
Fuel import bill in the first five months of 2026 has risen over 62% compared to the last year
The new administration discussed with China and agreed to fast track the refinery
State-of-the-art oil refinery with a capacity of 200,000 barrels, to be constructed in Hambantota
President Dissanayake's party strongly opposed Indian JV for Trincomalee Oil Tabk Farm
Bids were called by the State-owned Ceylon Petroleum Corporation from registered suppliers, and 6 bids were received.
Our preference is to go ahead with the bidding round that was concluded,
CPC maintained prices of Octane 95, Super Diesel unchanged
Contract to supply 4 shipments of diesel (0.05% MS) from December 15, 2024 to June 14, 2025
The NPP has pledged to minimize usage of fuel in electricity generation, reduce tariff
Long term contract for purchase of 5 shipments of Petrol 92 Unl for the period from 01-12-2024 to 31-05-2025
Herath last month said fuel price formula was not used in deciding prices
| Latest | Last | |
|---|---|---|
| US Dollar | 331.7485 | 330.8514 |
| UK Pound | 443.7468 | 438.3450 |
| Euro | 372.5204 | 371.0168 |
| Yen | 2.0969 | 2.0916 |
| Aus Dollar | 233.0533 | 231.1659 |
| Latest | Last | |
|---|---|---|
| Indian Rupee | 3.4948 | 3.4202 |
| Korean Won | 0.2499 | 0.2479 |
| Oman Rial | 861.6397 | 859.3320 |
| Saudi Riyal | 88.4403 | 88.0955 |
| UAE Dirham | 90.3209 | 90.0766 |
| pts | % | |
|---|---|---|
| S&P SL20 | 5,656.91 | -0.43% |
| CSE All Share | 19,927.30 | -0.28% |
| Turnover Rs | 1457.79 million | 1193.67 million |
| Latest | Last | |
|---|---|---|
| 3-m bill | 7.61 | 7.84 |
| 6-m bill | 7.91 | 8.26 |
| 12-m bill | 8.23 | 8.3 |
| 3-yr bond | 9.24 | 9.25 |
| 5-yr bond | 9.82 | 9.56 |
| 8-yr bond | 10.50 | 10.48 |
| today | yesterday | |
|---|---|---|
| Overnight Money | 7.70 | 7.69 |
| Gilt Repo | 7.74 | 7.72 |
| I-m SLIBOR | - | - |
Kerosene mis-pricing has led to its mis-use in diesel engines
Cabinet spokesman last month said the new govt is using a different method from usual price formula
Gross profits down with cost of sales rising faster than revenues
Under previous govt, decision was made for CEB to follow open tender process in buying fuel
We will not take any decision in the interim period
Fuel prices cut
"It’s now up to the current Government of President @anuradisanayake to follow through with the process and recover th...
There are adequate stocks of petroleum products and coal for power generation and fuel supply, he said.
To regulate petroleum, liquefied petroleum gas, liquefied natural gas, and lubricating oil
Contract for purchasing 3 shipments of Murban crude oil
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