Sinopec selling Petrol and Diesel at lesser price

October 2, 2023 at 12:30 PM

China Petroleum & Chemical Corporation (Sinopec) is found to be selling fuel at a lesser price than the Ceylon Petroleum Corporation (CPC) and the Lanka Indian Oil Company (LIOC) following the recent fuel price revision.

Fuel prices were revised yesterday (Oct 01), with the CPC, LIOC, and Sinopec increasing their prices. 

Despite the price hike, Sinopec is found to be selling Petrol Octane 92 at Rs. 7 lesser and Auto Diesel at Rs. 3 lesser than the price of the CPC and LIOC.  

The revised fuel prices are as follows;

Sinopec CPC & LIOC
Type of Fuel Price per Litre Price per Litre
Petrol Octane 92  Rs. 358 Rs. 365
Petrol Octane 95 Rs. 420 Rs. 420
Auto Diesel  Rs. 348 Rs. 351
Super Diesel  Rs. 417 Rs. 421