CPC to purchase 90,000 metric tons of crude oil from the US
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Source: Daily News
Published: 2026-04-07 05:44 UTC+10:00
Section: Business
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Energy, Economy & Finance, Financial Markets, Sri Lanka, Business & Economy
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Snippet:
The Ceylon Petroleum Corporation (CPC) has taken steps to purchase 90,000 metric tons of crude oil (WTI) from the United States to meet Sri Lanka’s future crude oil requirements. Accordingly, the crude oil stock is scheduled to arrive in the country by the last week in May, Managing Director of the CPC and the Petroleum Bulk Terminal Company Dr.
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