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No decision to revise fuel price

16 Aug 2022

The Government has decided not to make any revisions to the fuel prices as per the pricing formula. Earlier, the Minister of Power and Energy Kanchana Wijesekera stated that the fuel price revision would take place every 14 days, on Mondays, in line with the fluctuation of rates in the global market. Accordingly, a fuel price revision was scheduled to take place on Monday (15) night, however the Ministry of Power and Energy had not made any explanation regarding the matter. It is reported that the price of a crude oil barrel in the global market has currently dropped significantly. Brent crude futures settled as $ 93.91, while a barrel of WTI crude oil was recorded as $ 88.42 last morning (16).  

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Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Automobile, Mother and Baby Products, Clothing, and Fashion. Additionally, Kapruka offers unique online services like Money Remittance, Astrology, Medicine Delivery, and access to over 700 Top Brands. Also If you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.Send love straight to their heart this Valentine's with our thoughtful gifts!


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