Oil prices decrease in the global market but increase in Sri Lanka

The Sri Lankan government has taken steps to increase fuel prices with effect from today (21).

According to the Ceylon Petroleum Corporation (CPC), the price of 92 octane petrol has been increased by Rs. 20 per liter. Its new price is 177 rupees, up from 157 rupees previously.

The price of 95 octane petrol has been increased by Rs. 23 per liter. Its new price is 207 rupees, up from 184 rupees. The price of a liter of auto diesel has been increased by 10 rupees from 111 rupees to 121 rupees.

The price of a liter of premium diesel has been increased by 15 rupees. Its new price is 159 rupees, up from 144 rupees. In addition, the price of kerosene has been increased from 77 rupees to 87 rupees.

However, fuel prices in the global market have fallen due to the spread of the Omicron Covid new variant.

Accordingly, the price of a barrel of Brent crude oil at the end of yesterday was 71.52 US dollars, which is a decrease of 2.72%.

The price of a barrel of American WTI crude oil was $ 68.23, and it showed a decrease of 3.71%.

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