Sri Lankaβs first fuel price reduction in four months has brought relief to motorists and businesses, but it also raises a fundamental question. Was the latest revision consistent with the countryβs cost-reflective fuel pricing formula, or was it driven by other considerations? Effective June 30, the Ceylon Petroleum Corporation (CPC) reduced the price of Auto [β¦] The post Did Sri Lankaβs Fuel Price Cut Follow Cost-Reflective Pricing Formula? appeared first on Lankanews.lk .