Oil Price Controversy
The Ceylon Petroleum Corporation (CPC) denies claims of paying $286 per barrel for crude oil and threatens legal action against reports about oil pricing.
Breaking news: Oil prices are so wild, even HSBC executives are playing oil price roulette! Apparently, $286 per barrel is now the new "I totally saw Bigfoot" of energy reporting - completely imaginary but somehow still making headlines. Someone get these guys a calculator and a geography lesson!
CEYPETCO has denied reports claiming Sri Lanka paid over $286 per barrel for crude oil, calling the news "completely false." 🔸No agreements exist for purchases at the rumored $286 rate. 🔸 Actual contracted prices for upcoming shipments range from $71.81 to $113.29 per barrel. https://t.co/MakRt0MOoW
The Ceylon Petroleum Corporation (CPC) has rejected claims that Sri Lanka paid $286 per barrel for crude oil and said it intends to pursue legal action over reports it described as inaccurate. Issuing a statement, the CPC Chairman said the corporation imports crude oil solely https://t.co/NWdVfTP6se
HSBC CEO’s $286 oil claim: Sri Lanka CPC denies, warns of legal action https://t.co/rngOdN1V4e
Sri Lanka Refutes Reports of Paying $286 Per Barrel for Crude Oil Details: https://t.co/3H86tizUPX #NewsFirst #News1st #NewsFirstEnglish #LKA #SriLanka #CPC #OilPrices #EnergySecurity #EconomySL #Sapugaskanda #BreakingNewsSL https://t.co/fexoaeExpv