Burst Bubble
LONDON, October 16, 2008 (AFP) - Oil prices slumped further on Thursday, with Brent crude sliding below 68 dollars a barrel to the lowest level for more than …
Weight Watching
Sept 24, 2008 (LBO) - Sri Lanka's cooking gas retailers will have to weigh gas cylinders on a certified on-site weighing machine in the presence of customers …
Bubble Deflating?
SINGAPORE, August 5, 2008 (AFP) - World oil prices fell in Asian trade Tuesday as fears about slowing US demand outweighed the increasing likelihood of …
Well Well
SINGAPORE, June 3, 2008 (AFP) - Oil prices eased in Asian trade Tuesday on continuing concerns over global energy demand, dealers said. buy fluoxetine online …
Burst Bubble?
May 30, 2008 (LBO) - World oil prices held steady in Asian trade on Friday after sharp falls on concerns over falling demand in the United States and other …
Wobbly Bubble
May 28, 2008 (AFP) - Oil prices slipped back under 127 dollars on Wednesday, falling further from record highs amid concern about the strength of US energy …
Unilateral
May 27, 2008 (LBO) – Lanka IOC, the Sri Lanka unit of the Indian Oil Corporation is raising diesel prices by 20 rupees a litre from midnight Tuesday, the …
Targeting Exercise
May 26, 2008 (LBO) – Sri Lanka is developing a scheme to pay fuel subsidies to bus operators that may cost the exchequer 7.0 billion rupees a year, …
Top Dog
SHANGHAI, Nov 5, 2007 (AFP) - PetroChina became the world's largest company by market value Monday, worth nearly one trillion dollars -- double the value of …
Upward Revision
June 29, 2007 (LBO) – Sri Lanka has raised fuel prices by around 5 percent almost two months after the last price increase, after allowing petroleum …
Water Water
June 22, 2007 (LBO) – Sri Lanka is boosting pipe-borne water supply to the capital Colombo by expanding two water treatment plants, a senior government …
Total Failure
May 10, 2007 (LBO) – Sri Lanka's national power utility has started to restore power to the capital Colombo following an island-wide power failure, …
Upside Protection
February, 20 (LBO) – Ceylon Petroleum Corporation wants to hedge 300,000 barrels of diesel before the end of the month, but is looking for better upside …
Thin Margin
January 31 (LBO) – Sri Lanka's state petroleum utility expects to just break even or make a marginal profit in 2006, after a government price supplement …
Brief Respite
January 25, 2007 (LBO) - Sri Lanka plans to import more refined petroleum products as its sole refinery shuts down for routine maintenance next week, a top …
Tit for Tat
Sept 15 (LBO) – Lanka Indian Oil Corp., will drop fuel prices again from Friday to recover a 50 percent loss in volumes due to price wars with Sri …
Burning Question
Sept 11, 2006 (LBO) – Oil will feature high on the agenda when Commonwealth finance ministers meet in Colombo, with delegates due to share ideas on how …
Top Offers
August 28, 2006 (LBO) – Just over ten foreign and local firms put in bids for a license to market lubricants in Sri Lanka, when offers closed on Monday, …
Breakthrough
July 25, 2006 (LBO) – The Sri Lankan government bought two weeks grace period from petroleum sector trade unions late Tuesday, with fuel stocks expected …
Burning Low
June 18, 2006 (LBO) – Sri Lankans have been urged to crawl under the sheets early, turn up the heat on air-conditioners and give up late night football …