Since it was recently announced that gasoline would cost more than LKR 500 as of June 26th, 2022, it is hard to ignore the increase in fuel prices, which is also on people's minds.

Sri Lankans are already noticing the impact at the pump as prices are at record highs. 

Beyond the fact that consumers have less disposable income, however, increased fuel prices are a hindrance to the whole economy. 

Anything that is moved by truck, train, or ship is impacted by the growing cost of fuel, especially diesel.

As prices for all kinds of products and services rise, energy costs play a significant role in the decades-high inflation rates that are being reported.

Visit the Website to find IOC petrol price in Sri Lanka today

Below are the Ceylon Petroleum Corporation - CEYPETCO Fuel Prices as of today (For CEYPETCO fuel stations in Sri Lanka and dealer details, please visit here)

Why is the cost of petrol so high?

The increase in oil prices is mostly to blame for the rise in gas costs. The current driver of increasing petroleum prices is Russia's invasion of Ukraine, but prices were already rising before the conflict.

And the Economical and Political Crisis is largely to blame for the Fuel crisis and petrol price increase in Sri Lanka

Get the Sri Lanka National Fuel Pass here