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Fuel imports News

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Local News

CPC Reassures Public: No Fuel Shortage as Massive Crude Shipments Near Colombo Port.

16 hours ago

The Ceylon Petroleum Corporation has confirmed that there is no risk of a fuel shortage in Sri Lanka, with 180,000 metric tons of crude oil expected to arrive shortly.

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CPC Reassures Public: No Fuel Shortage as Massive Crude Shipments Near Colombo Port
Image Credit : lankacnews.com
United Kingdom
UK Adjusts Sanctions on Russian Oil Derivatives Amid Global Fuel Price Surge
Image Source : straitstimes.com

UK Adjusts Sanctions on Russian Oil Derivatives Amid Global Fuel Price Surge.

May 20, 2026 at 11:26 AM
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Economy
Sri Lanka’s Vehicle Import Surge: Central Bank Highlights Potential $2.4 Billion Annual Expenditure
Image Source : newswire.lk

Sri Lanka’s Vehicle Import Surge: Central Bank Highlights Potential $2.4 Billion Annual Expenditure.

May 19, 2026 at 4:22 AM
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Local News
Sri Lanka’s Fuel Import Spending Spikes: CPC Reports Significant Increase in 2026 Outlays
Image Source : magzter.com

Sri Lanka’s Fuel Import Spending Spikes: CPC Reports Significant Increase in 2026 Outlays.

May 18, 2026 at 4:07 AM
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Sri Lanka Imposes 50% Duty Surcharge on Vehicle Imports to Protect Forex Reserves
Image Source : cnbc.com
Local News•
May 18, 2026 at 12:00 AM

Sri Lanka Imposes 50% Duty Surcharge on Vehicle Imports to Protect Forex Reserves.

Sri Lanka has introduced a 50% customs duty surcharge on vehicle imports for three months to mitigate the rapid depletion of foreign currency reserves amid surging import bills and global oil price volatility.

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India

India Implements Significant Fuel Price Hike Amid Global Market Volatility.

May 15, 2026 at 6:15 AM

India has increased petrol and diesel prices by 3 rupees per litre for the first time in four years, citing intense pressure from global crude oil markets and rising import costs.

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India Implements Significant Fuel Price Hike Amid Global Market Volatility
Image Credit : newindianexpress.com
United States

Rising Fuel Costs Deepen Economic Divide in the United States.

Recent data from the New York Federal Reserve highlights a K-shaped economic divide, where soaring gas prices disproportionately force lower-income households to reduce fuel consumption while higher earners maintain their habits.

May 6, 2026 at 3:44 PM
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Economy
Pakistan’s Economy Faces Severe Strain Amid Escalating Fuel Import Costs
Image Source : aljazeera.com

Pakistan’s Economy Faces Severe Strain Amid Escalating Fuel Import Costs.

April 30, 2026 at 12:46 PM
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United States
Data Reveals Trump’s Tariffs Failed to Spark a Domestic Manufacturing Resurgence
Image Source : benzinga.com

Data Reveals Trump’s Tariffs Failed to Spark a Domestic Manufacturing Resurgence.

April 29, 2026 at 3:48 PM
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China Eyes Fuel Export Resumption as Domestic Stockpiles Surge
Image Source : klse.i3investor.com
Energy•
April 28, 2026 at 4:00 AM

China Eyes Fuel Export Resumption as Domestic Stockpiles Surge.

State-owned Chinese oil giants, including Sinopec and CNPC, are seeking government approval to restart gasoline and diesel exports in May, following a period of reduced processing and high domestic inventory levels.

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Energy

Geopolitical Tensions Drive India and China into Fierce Competition for Russian Oil.

April 23, 2026 at 9:06 AM

The ongoing Iran war and the effective closure of the Strait of Hormuz have triggered a desperate scramble for Russian crude as both India and China struggle to secure energy supplies amid global shipping disruptions.

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Technology
Smart Strategies to Combat Soaring Fuel Expenses
Image Source : therideshareguy.com

Smart Strategies to Combat Soaring Fuel Expenses.

April 18, 2026 at 9:24 AM
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Economy

Ceylon Petroleum Corporation Clarifies High-Cost Fuel Imports Amid Market Volatility.

The CPC Chairman clarified that reports of crude oil being purchased at $286 per barrel were inaccurate, explaining that the high cost applied to refined diesel due to global supply chain pressures.

April 17, 2026 at 9:45 AM
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Local News
Sri Lanka Secures Fresh Crude Oil Supply Amid Regional Supply Chain Shifts
Image Source : list.lk

Sri Lanka Secures Fresh Crude Oil Supply Amid Regional Supply Chain Shifts.

April 16, 2026 at 10:35 AM
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Sri Lanka Secures Energy Supplies: US Crude Oil Shipment Expected in May
Image Source : athavannews.com
Local News•
April 7, 2026 at 4:06 PM

Sri Lanka Secures Energy Supplies: US Crude Oil Shipment Expected in May.

Sri Lanka is bracing for improved fuel supplies as officials confirm an incoming US crude oil shipment in May, complementing nine other fuel deliveries scheduled for April.

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Local News

Laugfs Gas Secures 7,000 MT Stock to Stabilize Festive Season Supply.

April 7, 2026 at 12:05 PM

LAUGFS Gas has successfully imported 7,000 metric tons of LP gas, which has arrived at the Hambantota Port, ensuring uninterrupted supply for the festive season.

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Laugfs Gas Secures 7,000 MT Stock to Stabilize Festive Season Supply
Image Credit : tamil.indianexpress.com
Local News
Government Implements Fuel Price Relief Measures to Cushion Economic Impact
Image Source : ada.lk

Government Implements Fuel Price Relief Measures to Cushion Economic Impact.

April 6, 2026 at 3:01 PM
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Local News
Boost to National Energy Reserves: 7,000 MT Gas Shipment Reaches Hambantota
Image Source : virakesari.lk

Boost to National Energy Reserves: 7,000 MT Gas Shipment Reaches Hambantota.

April 6, 2026 at 11:58 AM
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Economy
Global Aviation Sector Faces Turbulence as Jet Fuel Crisis Triggers Flight Cancellations
Image Source : politico.eu

Global Aviation Sector Faces Turbulence as Jet Fuel Crisis Triggers Flight Cancellations.

April 5, 2026 at 9:52 PM
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Government Poised to Ease Fuel Restrictions as April Shipments Arrive
Image Source : economynext.com
Local News•
April 5, 2026 at 8:24 PM

Government Poised to Ease Fuel Restrictions as April Shipments Arrive.

Foreign Minister Vijitha Herath has confirmed that nine fuel shipments are scheduled to arrive in April, paving the way for the potential removal of temporary crisis-management measures like the QR system and the Wednesday public holiday.

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