The scheduled monthly fuel price revision in the country is set to take place tonight at midnight, following a recent drop in global oil prices.

The price of WTI crude oil fell by 1.43% to $77.16 per barrel, while Brent crude oil dropped by 1.51% to $81.13 per barrel.

The continuous decline in global oil prices is a key factor in the anticipated reduction of domestic fuel prices.

Experts believe this adjustment will provide some relief to the public, especially during this election period.

Meanwhile, the Ceylon Petroleum Corporation states that the rumors of a nationwide fuel shortage are false.
(colombotimes.lk)