Oil prices recorded 113.03 dollars for Brent and 107.40 dollars for US crude
Today, Monday, oil prices recorded 113.03 dollars per barrel for the
global benchmark crude futures contract, while the US West Texas
Intermediate crude futures recorded 107.40 dollars per barrel.
Sri
Lankan Energy Minister Kanchana Wijesekera announced today, Monday,
that two government ministers will travel to Russia at a later time in
the framework of a diplomatic visit, during which they will discuss
issues related to the possibility of buying Russian oil.
The
local newspaper Daily News quoted the minister as saying that the Sri
Lankan government has not abandoned discussions with the Russian
government on this issue, especially as the country is suffering from a
severe crisis of fuel shortage.
Sri Lankan Prime
Minister Ranil Wickremesinghe had announced at the beginning of next
month that his country may have to buy more oil from Russia to deal with
the current fuel crisis.
Wickremesinghe admitted
that the crisis in Sri Lanka was of its own making as many blamed
government mismanagement, big tax cuts in 2019, policy mistakes that
destroyed crops and a sharp drop in tourism due to the coronavirus
pandemic.
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