The Ceylon Petroleum Corporation (CPC) has announced a revision in fuel prices, effective from midnight on October 31, 2024. The changes include slight reductions for certain fuel types, while others remain unchanged, reflecting CPC’s strategy to balance consumer relief with market stability.
Fuel Price Reductions
- Petrol 95 Octane: Reduced by Rs. 6, now priced at Rs. 371 per liter.
- Super Diesel: Reduced by Rs. 6, now priced at Rs. 313 per liter.
These price cuts, though modest, offer targeted savings for consumers who rely on high-performance fuels, such as private vehicle owners and heavy-duty vehicle operators.
Unchanged Fuel Prices
- Petrol 92 Octane: Remains at Rs. 311 per liter.
- Auto Diesel: Remains at Rs. 283 per liter.
- Kerosene: Remains at Rs. 183 per liter.
The decision to maintain prices for commonly used fuels supports daily commuters and essential services, ensuring cost stability for a significant portion of the population.
Conclusion
CPC’s selective price revisions reflect a balanced approach, offering relief for users of high-performance fuels while preserving stability for widely used fuel types. These adjustments aim to address consumer needs amid fluctuating global oil prices, ensuring affordability and accessibility across diverse segments of fuel users.
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