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CPC Denies Fuel Price Hike Rumors, Cites False Propaganda for Station Queues
The Pulse
EconomyPolitics1h ago

CPC Denies Fuel Price Hike Rumors, Cites False Propaganda for Station Queues

TLDR
  • CPC denies fuel price hike rumors.

  • No fuel shortage; reserves sufficient.

  • Queues caused by false propaganda.

The Ceylon Petroleum Corporation (CPC) has categorically denied rumors circulating on social media and other platforms regarding an imminent fuel price increase and potential shortage. Managing Director Mayura Nettikumara stated that false propaganda led to queues forming at several fuel stations across the country over the weekend. He assured the public that sufficient fuel reserves are available to last until the end of July, with ordered crude oil tankers scheduled to arrive soon. Nettikumara emphasized that no significant fuel price hikes or reductions are expected in the immediate future, beyond standard monthly adjustments.

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