People will soon reap the benefits of sliding global oil prices: Min. Weerakkody

People will soon reap the benefits of sliding global oil prices: Min. Weerakkody

People will soon reap the benefits of sliding global oil prices: Min. Weerakkody

Written by Tharushan Fernando

27 Dec, 2015 | 9:47 pm

Minister of Petroleum Resources Development, Chandima Weerakkody, during a visit to a medical clinic in Imaduwa, Galle stated that the people will soon reap the benefits of sliding global oil prices.

He went on to note that the prices of fuel increase one day and decrease the next, making it difficult for people to manage their day-to-day lives and that no matter how much the prices is reduced, it is forgotten.

He added that in 2014 prices were reduced twice, prices were reduced in January and the price of kerosene was decreased by Rs. 10 rupees through the budget. When it increases, he said, people remember that, because they feel it,  and women are vigilant about it.

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