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Wednesday, 10 October 2018 - 18:47
Fuel price revision tonight, the government evades price formula
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The relevant committee in charge of making a decision on the fuel price revision is currently holding discussions regarding the matter.

The committee meets on the 10th of every month, to decide on a fuel price revision according to global oil prices.

Since a fuel price formula was introduced, the price of fuel has been revised twice, with the price of a litre of petrol increasing by 4 rupees and a litre of diesel by 5 rupees.

Considering that the world oil prices are on the rise and the rupee has further depreciated against the dollar, reports suggest that fuel prices may increase again.

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