Fuel prices drop; petrol, diesel and LPG down by about 3-10%

The fuel prices are to drop between 3 to 10 percent on March 16,2023

According to the Institute for Energy Security (IES), the prices of petrol, diesel and Liquefied Petroleum Gas(LPG) are to drop.

The IES stated that the fuel market prices are projected to drop between ¢12.60 for petrol, ¢13.40 for diesel and ¢14.00 per kilogramme for LPG.

The IES says, it is monitoring the various Oil Marketing Companies (OMCs) to reduce fuel prices under the national average price for petrol and diesel as ¢13.53 and ¢13.69 respectively, and LPG sold for  ¢15.44 per kilogramme.

Consumers are to enjoy some relief due to the drop in fuel prices.