The Ceylon Petroleum Corporation has raised the price of four fuel grades with effect from midnight on Sunday (November 1), under the monthly revision carried out through the fuel pricing formula.
Octane 95 Euro 4 petrol rose by Rs 15 a litre, from Rs 475 to Rs 490. Lanka Super Diesel 4 Star Euro 4 rose by the same margin, from Rs 528 to Rs 543.
The two most widely used grades moved by smaller amounts. Octane 92 petrol was increased by Rs 10, from Rs 414 to Rs 424 a litre, while Lanka Auto Diesel went up by Rs 5, from Rs 392 to Rs 397.
Kerosene was left untouched at Rs 285 a litre.
The Daily Mirror and Hiru News published identical figures for all five grades, including the pre-revision prices.
Update — third newsroom confirms every figure. A NewsFirst filing on Monday morning reproduces all four increases and the kerosene freeze exactly as above — Octane 95 up Rs 15 to Rs 490, Octane 92 up Rs 10 to Rs 424, Super Diesel up Rs 15 to Rs 543 and Lanka Auto Diesel up Rs 5 to Rs 397, NewsFirst reported. It also states that Lanka IOC “revised its fuel prices in line with the Ceylon Petroleum Corporation’s rates”, which is consistent with the grade-by-grade detail below.
One divergence is disclosed rather than resolved: NewsFirst filed at 7.16 a.m. on Monday (November 2) and describes the increase as taking effect “today”, where the Daily Mirror and Hiru News both filed on November 1 and put it at midnight on Sunday. Two filings to one, and the earlier pair are contemporaneous with the revision, so the midnight Sunday timing is used above.
Lanka IOC brings two grades into line
Lanka IOC subsequently revised its own prices in line with the state corporation’s move, Hiru News reported, bringing its Octane 92 petrol and auto diesel rates level with CEYPETCO’s.
The private retailer went the other way on its premium diesel, cutting Super Diesel by Rs 30 a litre to Rs 570 — still well above the state corporation’s Rs 543. Lanka IOC left Octane 95 petrol unchanged at Rs 495.
Neither filing gave a reason for the direction of the revision. Sri Lanka’s fuel prices are reset at the start of each month under a formula that tracks import costs, exchange rates and taxes, and the October revision had also moved premium grades.
The increase lands alongside a separate decision by Litro Gas Lanka to hold domestic LP gas prices steady for November, leaving cooking gas unchanged while transport fuels rise.
