Fuel prices to be revised on June 24

Fuel prices were last revised on May 24 and June 24 will mark a month since the last fuel price revision.

Secretary to the Ministry of Power and Energy Mapa Pathirana said that after reviewing several other factors including the world market oil prices, the fuel prices are revised once every two weeks or monthly according to the relevant pricing formula

He said fuel prices may go up or down according to the price formula introduced with respect to fuel prices.