Lanka IOC increases prices to match Ceypetco

COLOMBO (News 1st); Lanka IOC said that it increased fuel prices according to the Ceypetco price increase with effect from 3 AM on Tuesday (24). Sri Lanka decided to revise fuel Prices with effect from Tuesday (24) 3 AM. Minister Kanchana Wijesekera tweeted that the Fuel pricing formula that was approved by the cabinet was applied to revise the prices. The revised prices are as follows: