Saturday, March 25, 2023

LIOC

SL hikes fuel prices; petrol at all-time high of Rs 420, diesel Rs 400 per litre

Crisis-hit Sri Lanka on Tuesday raised the petrol price by 24.3 per cent and diesel by 38.4 per cent, a record hike in fuel prices amidst the country’s worst economic crisis due to the shortage of foreign exchange reserves.With...

SL to buy fuel from Indian Oil to tide over energy crisis

Sri Lanka has decided to purchase petrol and diesel, 40,000 metric tonnes each, from the Indian Oil Corporation, according to a Cabinet note on Tuesday, as part of the government’s bid to tide over the current fuel and energy...