Notable
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
Sri Lanka has already raised fuel prices over soaring global oil prices after U.S./Israel's attack on Iran
Sri Lanka officials had said petrol and diesel stocks were adequate, before global oil prices surged more than 20 percen
The minister said enough fuel stock is available with the state-run Ceylon Petroleum Corporation (CPC)
CPC trade unions oppose the move citing that the government is privatizing the state-run firm
"We have obligations to meet for our families and five litres is not doing us any good. It’s simply not enough"
Petrol is the cheapest fuel to import. Kerosene is usually the most expensive.
Ceylon Petroleum Corporation owes around $800 million to foreign suppliers for fuel.
Diesel, kerosene unchanged
The Consumer Consultative Committee of the PUCSL has decided to investigate the complaints
"You can’t even run the plant using that crude oil. The only option left for the importers is to drink it," he said.
Putin's order came as Western media outlets began to express cautious optimism about a possible Ukrainian victory
Sri Lanka still struggles to smoothen its fuel distribution due to forex shortage created by money printing
| 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 | - | - |
SMS alert to help detect misuse of QR codes
PUCSL warns of power cuts if coal imports stop
Filling Station Association has said nearly 300 filling stations have been temporarily closed
“We asked them to register with the police because it will make it easier to identify them."
"Only selected stations will get fuel, resulting in stations not on the list not being able to sell fuel on that day."
The main framework will be presented to the cabinet of ministers by the end of the month
The feature will be added to Litro’s home delivery app, which was launched in August 2020, Pieris said.
I believe that would create healthy competition
Sri Lanka's politicized petroleum sector has been mostly subsidized in post-independence era.
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