K. Male'
|
26 Nov 2017 | Sun 15:31
STO raises prices of diesel and petrol, again
STO raises prices of diesel and petrol, again
Mohamed Sharuhaan
STO
STO raises prices of diesel and petrol, again
The prices were hiked up last month as well
The company said that the price hike is due to 'a rise in fuel prices in the international market'
Petrol now costs MVR 9.87, diesel costs MVR 9.61
Aishath Shaany
Aishath Shaany
6,648

The State Trading Organization (STO) has, once again, raised the prices at which it sells petrol and diesel.

The prices were hiked up last month as well.

STO said that from Sunday onwards, the price of diesel will be MVR 9.61 per liter- a 44 percent increase- while petrol is to be sold at 9.87 per liter, a 35 percent increase.

According to STO, the price hike is due to 'a rise in fuel prices in the international market'.

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