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Monday November 9th, 2026
Petroleum

Chinese onion becomes cheaper in Sri Lanka than Indian ahead of festivals

Chinese onion price reduced by Rs. 120 per kg to 375, Indian onion price slashed by Rs. 50 to 445

April 9, 2024 3 min read

Sri Lanka fuel price formula allows for max profit margin of 4 percent: Minister

If a full 4 percent profit margin is applied, a price increase was due on auto diesel and 92 petrol: Kanchana Wijesekera

April 1, 2024 1 min read

Sri Lanka cuts super diesel by Rs72, Octane 95 by Rs7

Octane 92 petrol and standard diesel unchanged

March 31, 2024 1 min read

Sinopec to double capacity of new refinery in Sri Lanka's Hambantota

"They intend to sign the agreements for the project and commence work by June 2024,"

March 28, 2024 1 min read
Sri Lanka Cabinet awards 1.4mn barrel diesel deal to Singapore’s Trafigura

CPC will receive five shipments in seven months starting from Nov. 15

Sri Lanka CEB engineers warn of electric shock over sketchy initial un-bundling plan

Sri Lanka is un-bundling the CEB into 6 companies

Sri Lanka power regulator proposes average tariff hike to Rs32 a unit

Dollar earning companies to pay in US dollars

June 27, 2022 1 min read
1

Foreign banks refuse to confirm Sri Lanka state bank letters of credit: Minister

Oil suppliers wary to supply Sri Lanka after recent downgrades

June 27, 2022 3 min read
1

Sri Lanka invites capable companies to supply aviation fuel

SriLankan Airlines to import Jet-A1 directly

June 26, 2022 1 min read
1

Sri Lanka plans to allow more fuel distributors

Plant to attract up to four new players

June 26, 2022 1 min read

Sri Lanka petrol price hiked to Rs470 a litre, diesel Rs460

Ceypetco and CPC prices both raised

June 26, 2022 1 min read

Row at Sri Lanka fuel queue leaves four injured: police

The four injured persons are currently recuperating at the Wellawaya Hospital.

Dulya de Silva
June 25, 2022 2 min read

Sri Lanka facing virtual standstill after indefinite delay of fuel shipment

"At the moment, the CPC is not able to confirm the arrival dates of the shipments."

June 25, 2022 2 min read
2

Sri Lanka tanker truck owners say they also wait for hours to get fuel

Tankers have to wait for 5 hours to get diesel

June 19, 2022 2 min read

Sri Lanka makes contact with nominated Russia oil firms: Minister

I have the replies from the Russian companies which were suggested by the Russian Ambassador

Chanka Jayasinghe
June 19, 2022 3 min read
2

Sri Lanka energy minister suspends 3 fuel bowsers after viral social media video  

Sri Lanka sees one of its worst fuel crisis due to dollar shortage.

June 18, 2022 1 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
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
Source: Central Bank/Indicative
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
Source: Central Bank/Indicative
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
Source: CSE
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
Source: Central Bank/Indicative
today yesterday
Overnight Money 7.70 7.69
Gilt Repo 7.74 7.72
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka sees signs of fuel riots as motorists wait for days in queues

Sri Lanka motorists demand fuel as shortage has limited fuel supply.

June 18, 2022 3 min read

Sri Lanka to supply only half the fuel demand in the near future: PM

Next fuel ships on May 16, two more ships expected in the month

June 14, 2022 2 min read

Sri Lanka legislator raises shocking questions over Adani power deal

Ending tendering by changing the law has created space to buy power

June 13, 2022 2 min read
2

Sri Lanka to issue fuel 'quotas' in rationing plan: Minister

I hope to have this system in place by the 1st week of July

June 13, 2022 2 min read

Sri Lanka's CEB chief under fire over contradictory statements to COPE

CEB Chairman Ferdinando withdraws statement to parliament

June 13, 2022 1 min read
1

Sri Lanka opens floodgates for corruption in power sector: Harsha

Competitive tenders ended for IPPs

June 10, 2022 3 min read

Sri Lanka's electricity engineers strike continues at lower intensity: sources

Engineers launch the first strike since 1996 began at June 08 midnight

June 9, 2022 2 min read

Sri Lanka opposition, energy minister clash over ending competitive bidding for private plants

Changes to Act will allow prices to be administratively decided

June 8, 2022 2 min read

Sri Lanka logistics body proposes tough measures to curb fuel import bill 

The measures include a surcharge for petrol users and sharp increase in revenue licence.

June 7, 2022 3 min read
5

Sri Lanka does not rule out fuel rationing: PM

Currently fuel issues reduced

June 7, 2022 1 min read