Lanka IOC The company has reduced the prices of two varieties of fuel since midnight yesterday.
According to the company, the price of a liter of Octane 92 petrol and a liter of Euro three petrol was reduced by two rupees.
The company has not revised the prices of other fuel categories.
Meanwhile, the fuel prices committee that met this afternoon decided to keep the fuel prices at the Ceylon Petroleum Corporation (CPC) prices unchanged.
According to the finance ministry, the decision was taken considering the stabilization of crude oil prices in the world market.