CPC Raises Diesel and Kerosene Prices for the First Time in 10 Months

CPC Raises Diesel and Kerosene Prices for the First Time in 10 Months

Domestic Fuel prices have been revised down

Sri Lanka is entering to Inter-Monsoon expecting a higher hydro electricity generation

Crude oil price reduction helped to reduce the domestic fuel prices

The contribution of the non-conventional energy sources for electricity generation is steady

Healthy and steady hydro electricity contribution continues to reduce the cost of power generation for CEB

79% of the domestic electricity users are expected to reduce their electricity bill by 33%

Increment of the electricity tariff (from 2022) for low consumption category still higher than upper income catergory

Sri Lanka reduced Petrol prices but Super Diesel was kept unchanged

Wind and Sola along with hydro reduce the fuel based thermal electricity generation

CPC reduces fuel prices Petrol by Rs. 13, Diesel by Rs. 16 and Kerosene by Rs. 13

Fuel prices reduced from mid night April 2024

CPC market share reduced from 90% to 70% after SINOPEC entered into the market

Change in the weather pattern from dry to wet increase the hydro electricity generation

Monthly Auto diesel sales are 28% lower than pre-crisis level, however Petrol sales are almost back to normal

Ceylon Petroleum Corporation (CPC) slashed price of Kerosene from LKR 257 to LKR 245

Oil rises on tighter supply outlook

Energy (electricity) cost is on the rising path

Sri Lanka is at the lowest hydroelectricity generation but situation different from 2022

A litre of Lanka Kerosene has been reduced by LKR 5/-

Sri Lanka spent less on electricity generation so far 2024 compared to 2022

Contribution of the Hydroelectricity has fallen to 25% of the total generation by mid of February

Sri Lanka hikes the fuel price to 17 month high, Kerosene up by LKR 26 to LKR 262

Hydroelectricity generation has fallen below 40% and Thermal (Coal) is substituting

Contribution of the Hydroelectricity has deteriorated sharply in recent days

Rainy weather is expected to enhance in next few days

Domestic fuel prices up by 5.8% to 9.5% after VAT increase, lower than anticipated price increase

Hydro electricity generation fell marginally from 75% 1st week of December to 70% 3rd week

Hydro and renewable energy contributes nearly 80% of the electricity generation

Domestic fuel supplier CEYPETCO, slash the petrol 92 prices by LKR 10 and Auto Diesel by LKR 27

Hydroelectricity generation improved further crossed 70% of the total generation

Domestics fuel price revision : Petrol down and diesel & kerosine up

Contribution of the hydroelectricity to total generation hits 64% during last week

Hydroelectricity generation surpassed 60% of the total electricity generation

Hydroelectricity contribution reached almost half of the electricity generation

Hydropower generation is finally picking up, while CEB mulling for tariff increases

A steep drop in U.S. crude stocks and supply side concerns weight on domestic fuel prices

CEB is mulling for another tariff hike after it turned to profitable in 2Q 2023

Despite west is wet, hydroelectricity generation contributing only 28% to the total electricity generation

Sri Lanka continues to spend heavy on thermal power generation in 2023

Crude oil prices hit ten month high due to multiple reasons

Fuel prices under CPC and IOC up while China’s Sinopec sell at lower

Thermal-oil based electricity generation picked to 40% of the total power generation

Crude oil remain elevated amid expectation in extension of production cut by OPEC

Sri Lanka hydroelectricity generations fell in June-July 2023 compared to last year

Crude prices had surged on Tuesday from USD 75 to USD 80

CPC revises fuel prices as petrol 92 increased by Rs. 10/-

Sri Lanka enjoys less benefits of hydro electricity in May-June 2023 compared to last two years

Sri Lanka reduces domestic fuel prices as global crude oil prices dip

Sri Lanka expects to derive benefit as hydro electricity generation tends to improve

Fuel prices reduced, Petrol 92 by LKR 7 and Auto Diesel by LKR 15

Global Oil prices jump after Saudi Arabia, Iraq and several Gulf states said they were cutting output

Global crude oil price reduction helps Sri Lanka to slash the domestic fuel prices

Crude prices fell to the lowest levels in 15 months

Sri Lanka is passing through low hydro-electricity generation season but NCRE contribution improved

Hydro electricity generation deteriorate further

Contribution of Hydro electricity declines despite rain in Colombo

Sri Lanka hikes electricity tariffs

Further delays in securing the required number of coal shipments

CPC and LIOC raise the price of a liter of Octane 92 petrol by LKR 30

Hydro electricity generation is deteriorating while coal is yet to support in big

CPC reduce the prices of Diesel and Kerosene

Coal power generation shifted to costly fuel power generation after shouting down one unit in Norochcholai

A sharp decline of hydroelectricity generation which seems to be replaced by coal

Coal dominating the electricity generation despite raining in some parts of the country

Costly thermal electricity generation back again as hydro drop to 43% in December

CPC increases the price of diesel and Kerosene

Country to save millions of foreign currency thanks to rain

Upcoming rainy season would help SL to generate low cost electricity

Global Oil prices at 9-month low as it fell by USD 2/bbl

Hydroelectricity generation has fallen below 50% while dependency on thermal increases

Global Fuel prices has fallen by 30% but domestic fuel price remain static

Fuel based Thermal electricity generation picked after NCPP breakdown

Strong wind and rainy weather contributed 70% of the CEB electricity generation

Hydro electricity generation slightly elevated as continuous electricity supply improved

Domestic Fuel prices slashed by Rs. 20 as global crude oil prices decline

Electricity consumption turned to flat signaling weaker economic prospects

Global Fuel prices slides

Global crude oil prices fell more than 10%

The hydro electricity generation fell as country moved costly thermal electricity generation

Sri Lanka is expecting a favorable weather condition to release some presser on electricity generation

The hydro electricity generation has picked up in recent weeks

The power generation via Coal toped up to 60% while two shipments of coal stuck at sea

Indian Oil company raises fuel prices once again to new record high

The hydro-electricity generation has started picking up with the favorable weather condition

Sri Lanka domestic fuel price jumped by over 25% as LIOC increased the prices

Fuel prices raised for the second time in Feb by LIOC in Sri Lanka

Lanka IOC increases fuel prices as energy cost is soaring

Blame game continue between CEB and CPC while power generation at risk

Sapugaskanda Oil Refinery Temporary closed for 50 days

Sri Lanka continue to benefit from rain on the electricity generation

Sri Lanka continue to better-off with favorable weather condition for hydro electricity generation

Global Oil prices at 3-year high demand push with COVID recovery

Global Natural Gas Prices continue to rise, highest levels since 2014

Sri Lanka hydro electricity generation shoot up in June

The thermal and coal electricity contribution in CEB electricity generation increased at the end of Jun

Fuel price increase to put upward pressure on the 13 months long average 5 pct inflation in Sri Lanka

Crude Oil hits two-year high while Sri Lanka increased domestic fuel price by six-half years high

Sri Lanka is planning to increases the domestic fuel prices

Hydroelectricity generation has fallen to 18 percent of the total electricity generation in Jan 2021

Price of Crude oil hit 14 month high and SL continue to fixed the domestic oil price

Sri Lanka demand for electricity generation recovered after country back into normality

Sri Lanka starts its first waste-to-energy power plant

Global oil prices reach pre-pandemic levels

Crude oil prices are rising once again

Electricity generation by thermal at minimum level in October

Sri Lanka is increasingly working on more contribution from NCRE to national grid

Coal and Hydro electricity generation have improved while Thermal reduce in September

Global Energy demand is expected to fell by 4 percent in 2020 but demand for renewable energy to grow

Sri Lanka is planing 70 percent of the electricity in country from renewable by 2030

Sri Lanka placed 55th in Globe Energy Transition Index (ETI) with high system performance but weak on readiness for a fast and effective transition

Quality of the electricity supply has fallen dramatically in Sri Lanka after 2016

Electricity Generation plunged in April after country was disabled by Covid19

Sri Lanka importing cost of Crude oil by CPC is increasing with world market prices

Sri Lanka installed capacity of electricity shows marginal growth during last few years.

CPC weighted average prices of different types of imported crude oil has fallen to USD 19.56 from USD 71.78 in December

Oil prices surge on the hopes of a price war truce but negotiation between Russian and Saudi yet to reach

Global Crude oil price is collapsing and hit below dollar 23

How quickly Sri Lanka can adjust the domestic fuel prices inline with volatile global crude oil prices

Sri Lanka Oil import burden to be reduce significantly thanks to Global price war

Oil prices plunged on Monday, biggest daily drop since 1991

Global oil prices tumbled to lows not seen since mid-2017

Hydro power contributes 45 percent of Sri Lanka electricity generation in October

Global Crude oil Prices have fallen back to Jan 2019 level, Sri Lanka waiting to stabilized the prices to cut domestic prices

Sri Lanka back to Power - Cuts , this time due to financial crisis at CEB

Contribution of Independent Power Producers (IPP)s Electricity Generation in Sri Lanka has been 23 percent on average during 2015-2018

Low growth of Sri Lanka electricity generation capacity during last four years, likely to bring power cut back

Sri Lanka domestic fuel Price up for review ?

Oil prices have receded back to pre-crisis level

Crude oil up from where it close in last Friday Brent Futures cross $ 70 per barrel

Global Crude oil prices are up more than 4 percent now.. Gold up, Stock indexes are down

Global Oil Prices Jump After U.S. Air Strike Kills Iranian powerful Military Leader, prices are trading six month high

Global crude oil prices were slightly up during this week, Sri Lanka fuel price revision day today

Sri Lana Fuel Price (CPC) remain same while LIOC reduce Price by Rs. 2.00

Global Crude oil price increased significantly after Saudi Arabia been attacked

Sri Lanka domestic petrol price reduced by Rs.1.00 to Rs. 137.00 and diesel and Kerosene oil remain unchanged.

Contribution of electricity from Non-Conventional Renewable Energy (NCRE) sources are falling

Sri Lanka revised domestic fuel prices. Petrol (Octane 92) increased by Rs.2 a litre to Rs.138

Global crude oil prices have fallen by average 9% during 10th July to 10th August 2019

Global fuel prices were slightly up, but LKR appreciated during last 30 days

Hydropower contribution to electricity generation has declined to 24% in Feb 2019

Sri Lanka raises the price of a litre of 92 Octane petrol by three rupees to Rs.138.00 ,

Update Domestic Fuel Prices - 10-May -2019