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Saturday, 5 February 2011 02:33 - - {{hitsCtrl.values.hits}}
Lanka IOC has increased its diesel prices by Rs. 5 per litre from midnight yesterday.
The increase is following the spike in global prices.
The move by LIOC was despite the Government last month reducing import tax on petroleum to 5% from 10% to keep domestic prices intact.
Originally LIOC asked for a Rs. 15 hike on petrol and Rs. 5 increase on diesel.