Fuel prices reduced: Petrol by 33 rupees, diesel and Kerosene oil by 16 rupees.
The government announced that it has decided to reduce the prices of fuel with effect from midnight yesterday.
The government said it will cut taxes on the fuel to lower the prices in order to provide relief to the people as promised during the election campaign of the President.
Accordingly, the government has reduced the price of 92 Octane Petrol by Rs. 33 rupees per liter and it will now cost 117 rupees per liter.
Price of 95 Octane Petrol has been reduced by 30 rupees and the new price is 128 rupees.
Price of diesel has been reduced by 16 rupees per liter to 95 rupees, Super Diesel reduced by 23 rupees to 110 rupees.
Kerosene was reduced by 16 rupees per liter and it will now cost 65 rupees.
Power and Energy Minister Patali Champika Ranawaka said the decision to reduce the fuel prices was taken during a cabinet meeting held yesterday under the patronage of the President Maithripala Sirisena and Prime Minister Ranil Wickremesinghe.