China Petroleum & Chemical Corporation (Sinopec) is found to be selling fuel at a lesser price than the Ceylon Petroleum Corporation (CPC) and the Lanka Indian Oil Company (LIOC) following the recent fuel price revision.
Fuel prices were revised yesterday (Oct 01), with the CPC, LIOC, and Sinopec increasing their prices.
Despite the price hike, Sinopec is found to be selling Petrol Octane 92 at Rs. 7 lesser and Auto Diesel at Rs. 3 lesser than the price of the CPC and LIOC.
The revised fuel prices are as follows;
Sinopec | CPC & LIOC | |
Type of Fuel | Price per Litre | Price per Litre |
Petrol Octane 92 | Rs. 358 | Rs. 365 |
Petrol Octane 95 | Rs. 420 | Rs. 420 |
Auto Diesel | Rs. 348 | Rs. 351 |
Super Diesel | Rs. 417 | Rs. 421 |