Sri Lanka, Nov. 4 -- The Ceylon Petroleum Corporation (CPC) is fleecing consumers by charging a profit margin of Rs.100-120 per litre on petrol and diesel sold by it while denying the three private players a level playing field, former Energy Minister Patali Champika Ranawaka said.

In a social media post, he said that, as of October 30, 2026, the import cost stood at US$162 a barrel for diesel, US$138 for 92-octane petrol and US$114 for Brent crude oil.

Based on these prices, he said the cost per litre should be Rs.336 for diesel and Rs.280 for petrol if imported as refined products.

However, according to . Ranawaka, the corresponding price should be Rs.236 a litre for both products if produced by refining crude oil at the CPC refiner...