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STO brings changes to fuel prices

FSM workers fueling a motorcycle in a gas station.

State Trading Organization has brought changes to the prices of fuel. 

The company attributed the changes to the prices to reflect the increased cost of importing oil – stemming from the rise in oil prices in the global market.

With the latest changes, the price of petrol was increased per litre from MVR 12.06 to MVR 12.98. 

Meanwhile, the price of a single litre of diesel increased from MVR 12.44 to MVR 13.04.

Prior to this, STO brought changes to prices on January 21 as well. 

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