Reduce oil prices if the world oil price will continuously decrease.
Mr Susil Premajayantha, the Minister of Petroleum Industries says that,the oil prices in Sri Lanka could be reduced  if the crude oil price in the world market will continuously decrease.
‘Since the bulks of oil purchased for higher prices have to distribute throughout the island, an instant decision cannot be taken to reduce the  oil prices’ he said.He added that, such decision could be taken after considering the monthly average decreasing price rate of oil.
Meanwhile, the price of a barrel of crude oil has been decreased from 107 to 92 dollars.

Hot news

Gunaratna Weerakoon fires to the air in protest to Geetha There had been a strong protest by the people of Galle ,Elpitiya and Karandeniya people fro the constructon of a road.The Chief organiser of the SLFP’s Geetha Kumarasinghe had come to the scene after a few hours and stopped the protest. After that Minister Gunaratna [...]

The dead body of an Executive Manager who jumped into kelani river found On the morning of the 15th a person had jumped onto the kelani  river near the Wellampitiya, Kohilawatta,Gangathilaka Viharaya was identified as an  operations Manager of a leading financial institution in Kollupitiya. After four days on the 18th his body highly decomposed [...]

Strike is a success-Secretary-five buses on strike-Organiser The  bus strike that was launched from mid night yesterday by the All Ceylon private bus society association. The buses that had give the support to the strike had been the Chairman Chandana Soysa of the all island southern areas four buses and another bus belonging to a [...]

The consultant specialist who inspected the Matale mass grave transferred The Judicial medical officer attached to the Matale general hospital who conducted investigations in regard to the excavations of human bones from the Matale hospital premises has suddenly got a transfer to the Kurunegala general hospital as the Judiciary medical officer. He Dr Ajith Jayasena [...]

The imported white sugar contains poisonous matter-Proved It has been proved that the white sugar that is imported from Brazil and other countries is proved to contain poisonous substances. When investigations were carried out at the Gannoruwa laboratories this has been proved. The additional secretary of the Ministry D.B.T Wijeratna had revealed after confirmation. The [...]