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Wahanaya Team · 15 days ago

Fuel Price Formula Resets at Midnight Tonight — Does It Actually Help Drivers?

CPC's cost-reflective pricing formula, approved by the PUCSL, resets petrol and diesel prices on the 1st of every month based on global crude benchmarks (Murban/Platts), freight, the exchange rate and taxes. The last reset on October 1 pushed Petrol 92 up Rs 15 to Rs 414, Auto Diesel up Rs 10 to Rs 392 and Super Diesel up Rs 50 to Rs 528, while 95 Octane held at Rs 475. Tonight's revision is due at midnight, and with global crude moving, there's talk of another hike, though nothing official yet. Supporters say the formula killed the old habit of freezing prices before elections and then dumping a huge shock on everyone at once — at least now you can somewhat predict it. Critics say it's just a monthly excuse to pass on every cost increase automatically, with zero public say and no real pressure on CPC to cut its own inefficiencies first. What's your bet for tonight — up, down, or flat? And has the monthly formula actually made it easier to budget for fuel, or does it just feel like a tax hike with better PR? මාසෙන් මාසෙට මේ විදියට මිල වෙනස් වෙනකොට ඇත්තටම ප්ලෑන් කරගන්න පුළුවන් වෙලා තියෙනවද, නැත්නම් හැම මාසෙම shock එකක්ද?
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