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LIOC, Sinopec Cut Petrol Prices Following CPC Revision

Lanka Indian Oil Corporation (LIOC) and Sinopec have revised their petrol prices following the Ceylon Petroleum Corporation’s (CPC) decision to reduce petrol prices with effect from midnight yesterday (30).

Accordingly, LIOC has reduced the price of a litre of Octane 92 petrol by Rs. 15, bringing the new price to Rs. 399.

The price of a litre of Octane 95 petrol has also been reduced by Rs. 20, with the new price set at Rs. 475.

LIOC has not revised the prices of its other fuel products.

Meanwhile, Sinopec has also announced reductions in its petrol prices, effective from midnight yesterday (30).

Under the revised prices, a litre of Octane 92 petrol will be sold at Rs. 399, following a Rs. 15 reduction, while the price of a litre of Octane 95 petrol has been reduced by Rs. 20 to Rs. 475.

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