Lanka IOC increases fuel prices

 

Lanka IOC has increased  the price of Octane 92 Petrol and Auto Diesel with effect from last night (21).

Accordingly, the price of Octane 92 Petrol has been increased Rs. 5 per litre while Auto Diesel has also been increased by Rs. 5 per litre.

LIOC said it has increased its retail selling prices for both Diesel (Lanka Auto Diesel) and Petrol (LP 92) by Rs 5/Ltr each due to huge losses on sales of both the products.

However, the prices of Lanka Super Diesel and LP 95 have been kept unchanged. The losses are around Rs. 40/ltr on sale of Diesel and Rs. 20/ltr on sale of Petrol at the current international prices, the company said issuing a statement yesterday.