The crude oil prices are on the decline in the world market and the Power and Energy and Transport Management Minister Mahinda Amaraweera said that discussions are underway to give the benefit of the price reduction to the consumers.
He said this during a public rally held in Angunakolapelessa yesterday (09). The minister added that this would be discussed at the next Cabinet meeting as well. He further said that the price of Brent crude oil had reduced by 30% to $ 31.02 per barrel by yesterday (09).
The Minister noted that the government is committed to providing maximum relief to the people, adding that the reason for the decline in world oil prices is the spread of the Coronavirus and the falling demand for fuel.
The Government official news portal is maintains by the New Media Unit of the Department of Government Information and it was titled "news.lk" and commenced in mid1996 and release to Internet from March 01st, 1997.
News.lk publishes in three languages – Sinhala, Tamil and English.
+94 11 366 3040
