Fuel price hike in the offing?



 

 

The Ceylon Petroleum Corporation (CPC) has proposed the revision of fuel prices in keeping with spikes in the world market, an official said. CPC chairman Sumith Wijesinghe said the world market price of petrol remained at   US $ 76 a barrel when the last revision was done in June, this year, and it had increased to US $ 92 a barrel in October



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