The Ceylon Petroleum Corporation (CPC) has stated that oil prices in Sri Lanka have been revised from time to time and should be increased again.
They point out that world market prices are now higher than they were in December 2021, and that the corporation is making a loss as a result. According to them the price of a liter of petrol should be 192 rupees and the price of a liter of diesel should be 169 rupees.
However, Indian Oil company has recently increased prices.