Srilanka, June 29 -- The Ceylon Petroleum Corporation (CPC) announced that there will be no change in fuel prices for the month of July.

CPC Managing Director Dr. Mayura Netthikumarage said that while the final decision on pricing will be made by the Fuel Pricing Committee, which is scheduled to meet tomorrow (30), no significant revision is expected.

He explained that global crude oil prices, a key determinant in local fuel pricing, have remained stable or even shown signs of decline in recent weeks.

"Given the current trends in the global oil market, we do not foresee any notable price fluctuations in July," he said.

The Pricing Committee will base its decision on last month's fuel prices and the cost of recent fuel imports.

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