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Fuel price reduction unlikely before September, says CPC
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Fuel price reduction unlikely before September, says CPC
The Ceylon Petroleum Corporation (CPC) has cautioned that fuel prices are unlikely to decrease before September, despite recent declines in global market rates. “In this month or next month, largely until September, a price reduction cannot be expected. Whether there is an increase, we cannot say at this moment. We are still studying that,” CPC Managing Director Mayura Neththikumarage told reporters today (29). He explained that international oi…
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