Notable
Sri Lanka revises prices in line with a formula
Sri Lanka to sign agreement with Sinopec to build refinery in Hambantota
The 20 years will start from January 2024
CPC is going ahead with the IMF on the price formula: Minister
Sri Lanka faced a severe fuel shortage and long queues in 2022
Murban crude is still lower than December numbers
The lack of fuel also has resulted in large queues for diesel and petrol despite record price hikes
Sri Lanka is facing a fuel shortage due to a forex crisis, and high prices due to a sharp devaluation of the rupee.
Areas ABCDEFGHIJKL will have power cuts of 5 hours
Up to 5 hours of power cuts
Elderly person collapses while waiting in line
Says daily demand has gone up
Short term tenders have been floated
The USD 1 billion credit line is expected to be signed during Rahjapaksa's visit, which was postponed twice.
‘’Diesel prices increased by one third so travel fees will be increased from 1,800 to 2,000 rupees,” he said.
That the Southern grid would face a serious deficit was warned earlier
| 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 | - | - |
Octane 92 price was increased by 43.5-pct to record 254 rupees a litre while diesel raised 45.5-pct to 176 rupees.
Ceypetco incurs a loss of 128 rupees per litre of diesel and 80 from a litre of petrol as of March 10 - Ceypetco chief
Sri Lanka can use the credit line to buy oil from India and also third countries
Provisional schedule
Private bus owners had requested fuel from SLTB to avoid being in queues with the rest of the public
The scheduled power shedding may not take place or reduced depending on the availability of fuel stocks - PUCSL
"We are likely to receive Indian oil parcels as soon as this month as they are fast tracking the process"
"With today's situation, there will be another shortage of gas by next week."
OQ Trading will supply petrol from February 15, 2020 to October 14, 2022
Furnace oil ship due on March 03
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