Sri Lanka cuts petrol, diesel prices by 20 rupees per litre amid economic crisis

Petrol, diesel prices were reduced in crisis-hit Sri Lanka Sunday as state-owned Ceylon Petroleum Corporation (CPC) and the Lanka Indian Oil Corporation (LIOC) sought to give some relief to people forced to wait in kilometres-long queues every day.

Local reports say Octane 92 petrol now costs 450 Sri Lankan rupees per lite – a reduction of 20 rupees. Octane 95 petrol is sold at 540 rupees per litre – down by 10 rupees.

Diesel prices have been slashed too – by 20 rupees per litre to 440 rupees. Super diesel prices have cut by 10 rupees – it is now 510 rupees a litre, according to local reports.

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