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Diesel Price Trends (USD/Barrel)
Monthly escalation of diesel import costs in early 2026.
Primary Sources
Sri Lanka's CPC paid two-third of 2026 oil bill in first 4 months: CB ...
He said Sri Lanka's oil import bill by the state-owned feul retailer Ceylon Petroleum Corporation has risen sharply in the first four months to two third of what it spent for the whole 2025. "At the same time, the tourism also has slowed down. But the remittances are doing okay do far.
Sri Lanka's Monthly Fuel Import Bill Surges to Over USD 520 Million ...
Sri Lanka’s monthly fuel import expenditure, which previously stood at around USD 100 million, has now surged to over USD 520 million due to the current conditions in the global market, according to reports from the Ceylon Petroleum Corporation. The highest increase in import costs has been recorded in diesel. The price of a barrel of diesel was USD 88.8 in February, which rose sharply to USD 191.7 in March and further increased to USD 199.7 in April. Although there was a slight decline in May, several countries, including India, have predicted that prices could rise again by the end of the month. Commenting on the situation, J. D. Rajakaruna, Chairman of the Ceylon Petroleum Corporation, stated that despite these challenging circumstances, the government is working to provide additional relief of Rs. 100 per litre on diesel and Rs. 20 per litre on petrol. He further noted that the government is currently spending Rs. 57 billion per month on the subsidy provided for diesel, which remains the most widely used fuel in the country.
Fuel, vehicles boost Sri Lanka's February 2026 import bill amid rising ...
Higher spending on fuel and vehicle imports led to a surged import bill in February 2026 and an expanded trade deficit, Central Bank data showed.Merchandise imports in February jumped 25.2 percent to US$1.83 billion compared to US$1.46 billion recorded in the same month last year.
Sri Lanka's oil import bill has risen more than six times between ...
Using the latest available May 2026 numbers: * Sri Lanka Lanka Auto Diesel retail price: Rs. 392/L (CPC, revised 3 May 2026) * USD/LKR exchange rate: around Rs.
