Welcome to our regular update on petrol prices in Sri Lanka. We understand that staying informed about fuel costs is essential for many Sri Lankans, and we are committed to providing you with the latest information. In this post, we’ll share the current petrol prices, factors affecting them, and any notable changes.
Petrol Price in Sri Lanka
|Type||Price per liter LKR|
|Lanka Petrol 92 Octane||365.00|
|Petrol 95 Octane Euro 4||420.00|
|Lanka Auto Diesel||351.00|
|Lanka Super Diesel 4 Star Euro 4||421|
|Effective Date||Effect from: 01-10-2023 (Midnight)|
Ceypetco and IOC companies have increased the fuel prices effective from midnight today (01).
92 octane petrol was priced at Rs 361 per litre, while the new price is Rs 365.
Accordingly, the price of a liter of octane 92 petrol has been increased by 04 rupees.
95 octane petrol was priced at Rs 417 per litre, while the new price is Rs 420.
Accordingly, the price of a liter of octane 52 petrol has been increased by 03 rupees.
The price of auto diesel per liter was Rs 341 and the new price is Rs 351.
Accordingly, the price of a liter of auto diesel has been increased by 10 rupees.
The previous price of a liter of Super Diesel was Rs 359, the new price is Rs 421.
Accordingly, the price of a liter of super diesel has been increased by 62 rupees.
Also, the existing price of a liter of kerosene is 231 rupees, and the new price is 242 rupees.
Accordingly, the price of a liter of kerosene has been increased by 11 rupees.
Also, Sinopec has raised its fuel prices effective from 06.00 this evening.
A liter of super diesel which was 356 rupees has been increased by 61 rupees to 417 rupees, a
liter of octane 95 petrol which was 414 rupees has been increased by 06 rupees to 420 rupees, and a
liter of auto diesel which was 338 rupees has been increased to 348 rupees by 10 rupees.
However, Sinopec has not revised the price of a liter of 92 octane petrol.
Also, the price of litro gas is going to be revised on 04th.
The company’s board of directors will meet today to discuss the matter.
The last gas price revision was done on the 4th of last month.
Accordingly, the price of a 12.5 kg domestic gas cylinder was increased by 145 rupees and it is currently sold at 3,127 rupees.
Also, the price of a 5 kg gas cylinder was increased by 58 rupees earlier, and its new price is recorded as 1,256 rupees.
The price of a 2.3 kg gas cylinder was increased by Rs 26 from Rs 561 to Rs 587.
Factors Affecting Petrol Prices:
- International Crude Oil Prices: Explain how global oil prices impact local fuel costs.
- Exchange Rates: Describe how exchange rates influence petrol prices in Sri Lanka.
- Taxes and Duties: Mention any government-imposed taxes or duties on petrol.
- Transportation and Distribution Costs: Discuss how logistics affect petrol pricing.
Tips for Fuel Efficiency
- Maintain a Consistent Speed: Avoid frequent acceleration and deceleration. Maintaining a steady speed can improve fuel efficiency.
- Proper Tire Inflation: Keep your tires properly inflated. Under-inflated tires can increase rolling resistance and decrease gas mileage.
- Regular Vehicle Maintenance: Follow your vehicle manufacturer’s maintenance schedule. Regular oil changes, air filter replacements, and tune-ups can improve fuel economy.
- Reduce Idling: Turn off your engine when you’re parked or waiting for an extended period. Idling consumes fuel unnecessarily.
- Plan Efficient Routes: Plan your trips to minimize unnecessary detours and backtracking. Use GPS or navigation apps to find the most efficient routes.
- Lighten Your Load: Remove unnecessary items from your vehicle’s trunk or cargo area. Extra weight can decrease fuel efficiency.
- Use Cruise Control: When driving on the highway, use cruise control to maintain a constant speed and reduce fuel consumption.
- Avoid High Speeds: Driving at high speeds increases wind resistance and fuel consumption. Try to stay within the speed limits.
- Avoid Rush Hour: If possible, avoid driving during heavy traffic periods. Stop-and-go traffic can be particularly fuel-inefficient.
- Combine Short Trips: Combine multiple short trips into one to reduce cold starts, which use more fuel.
- Use the Right Fuel: Use the fuel recommended by your vehicle manufacturer. Premium fuel is not necessary for most vehicles and can be more expensive.
- Properly Seal Gas Cap: Make sure your gas cap is tightly sealed to prevent fuel evaporation.
- Limit Air Conditioning Use: Use your air conditioning sparingly, as it can increase fuel consumption. Consider using the vehicle’s ventilation system when possible.
- Avoid Excessive Idling: If you’re stuck in traffic or waiting for an extended period, it’s more fuel-efficient to turn off the engine and restart it when needed.
- Drive Smoothly: Avoid sudden starts and stops. Gradual acceleration and deceleration are more fuel-efficient.
By following these fuel efficiency tips, you can not only save money on fuel costs but also reduce your environmental footprint by consuming less petrol.
How to Check for the Latest Prices
Share reliable sources or websites where readers can check the most up-to-date petrol prices in Sri Lanka.
Staying informed about petrol prices is crucial for budgeting and planning your daily commute. We will continue to provide you with regular updates to help you make informed decisions. If you have any questions or need further information, feel free to ask in the comments section.
Disclaimer: Please note that petrol prices are subject to change frequently due to various factors. The information provided in this post is accurate as of the effective date mentioned but may not reflect the current price at the time you read this. Always verify the latest prices through official sources.