Lanka Indian Oil Corporation has reduced petrol prices at its outlets, mirroring a similar move by the state-owned Ceylon Petroleum Corporation.

Lanka Indian Oil Corporation (LIOC) has adjusted its fuel pricing structure in response to price reductions announced by the Ceylon Petroleum Corporation (CPC) from midnight on 30th. The private fuel retailer has brought down prices for both petrol grades currently available at its pumps.

Octane 92 petrol now costs Rs. 399 per liter, reflecting a reduction of Rs. 15 from the previous price point. Octane 95 petrol has experienced a larger decrease, with prices falling by Rs. 20 to reach Rs. 475 per liter.

The adjustments apply solely to petrol products. LIOC has determined that prices for other fuel types, including diesel and other petroleum products, will remain unchanged at this time. The move demonstrates how private fuel operators typically align their pricing with state corporation decisions in Sri Lanka's fuel market.