Public Finance Data and Analysis
The state-run Ceylon Petroleum Corporation (CPC) has implemented significant price reductions for fuel effective from midnight on March 31. Super diesel Euro 4 sees a substantial cut of 72 rupees per litre, now priced at 386 rupees, while petrol Octane 95 Euro 04 is reduced by 7 rupees to 440 rupees. Kerosene prices have also been slashed by 12 rupees to 245 rupees per litre. Notably, petrol 92 Octane remains steady at 371 rupees per litre, and standard diesel maintains its price at 363 rupees per litre. Sinopec Lanka has aligned with these adjustments, offering premium and standard petrol and diesel at rates 3 rupees below CPC's prices.