The
government will reduce the prices of petrol, diesel and kerosene oil
once new shipments of fuel are received, Minister of Petroleum and
Petroleum Resources A. H. M. Fowzie told The Island yesterday
(15).
He did not specify when the new stocks would arrive but said they were
likely to arrive "in due course."
Fowzie said several countries had bought large stocks of oil when the
oil prices were escalating recently on speculation that outbreaks of
war or conflict in sensitive areas of the world may push up oil prices
still higher. Now the oil prices had come down in the world market.Due
to some countries stocking oil ...
Though a federation of several railway trade
unions staged a one-day token strike ending midnight yesterday normal
train service including the office trains kept running. This was
yesterday’s scene at the Colombo Fort Railway Station.
Pic by Kamal Bogoda
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