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Sri Lanka lowers fuel prices amid extreme deficit

Colombo [Sri Lanka], July 17 (ANI): Sri Lanka’s state-owned Ceylon Petroleum Corporation (CPC) and the Lanka Indian Oil Corporation (LIOC) have decided to lower the retail price of fuel from Sunday.As per the local media, the price of a litre of Octane 92 petrol will be reduced by 20 rupees, and the new retail price will be 450 rupees (1.25 dollars).
Octane 95 petrol will sell for 540 rupees per litre, down by 10 rupees,