LIOC reduces fuel prices

Lanka Indian Oil Company (LIOC) announced that it has reduced the price of fuel with effect from today.

Accordingly, the price of Lanka Petrol Octane 92 per litre price is reduced to Rs. 142, while a litre of Xtra Premium Petrol – Euro 3 standard is reduced to Rs. 148.

The announcement followed after the Government decided not to amend the price of fuel under the fuel price formula yesterday.