egypt feels the squeeze of higher oil prices in Sri Lanka

Egypt Feels The Squeeze Of Higher Oil Prices OilPrice

  • egypt feels the squeeze of higher oil prices in Sri Lanka
  • egypt feels the squeeze of higher oil prices in Sri Lanka
  • egypt feels the squeeze of higher oil prices in Sri Lanka
  • egypt feels the squeeze of higher oil prices in Sri Lanka

Higher oil prices push Sri Lanka into deeper economic crisis

Oil prices may climb higher amid risk of Middle East supply

Sharp rise in Sri Lanka fuel prices as economy reels

Sri Lanka energy crisis: country struggling to secure fresh

  • Why did Sri Lanka raise petrol prices 20 percent?
  • Save articles to read later and create your own reading list. One of Sri Lanka’s biggest fuel suppliers has raised the price of petrol by nearly 20 percent, the second increase in as many weeks, as the country struggles to import oil without dollars.
  • Is Sri Lanka in the throes of its worst economic crisis since independence?
  • Sri Lankan is in the throes of its worst economic crisis since independence [File: AP Photo/Eranga Jayawardena] Sri Lanka has increased fuel and transport prices, a long-flagged move to combat its debilitating economic crisis, but the hikes are bound to exacerbate galloping inflation, at least in the short term.
  • How much does Lanka IOC increase petrol prices?
  • Lanka IOC, which accounts for a third of the market, lifts price by nearly 20 percent, the second increase in as many weeks. An Uber driver waits at a Ceylon Petroleum Corporation station to buy fuel after his bike ran out of petrol, in Colombo [Dinuka Liyanawatte/Reuters] Save articles to read later and create your own reading list.
  • How much fuel does Sri Lanka currently have left?
  • Sri Lanka has been struggling to secure fresh fuel supplies. In the past two months, the country largely received fuel via a $500 million Indian credit line, which ran out in mid-June. A petrol shipment due last Thursday failed to arrive, and no fresh shipments are yet scheduled. There are currently about 9,000 metric tons of diesel and 6,000 metric tons of petrol left.

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