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A digest of news and opinion from the Maldives.

petrol

STO hikes rates of petrol, diesel again

1 min read

A customer pictured at an FSM fuel shed in Male. PHOTO/MIHAARU State Trading Organisation (STO) on Sunday raised the prices of petrol and diesel by 35 laari (MVR 0.35) per litre and 44 laari (MVR 0.44) per litre respectively. The company stated the price hike is in accordance with the changes in fuel rates in […]

Petrol and diesel prices hiked

Petrol and diesel prices hiked

2 min read

The state-owned wholesaler has hiked oil prices by 30 laari per litre of petrol and 20 laari per litre of diesel with effect from Wednesday. The changes were prompted by price increases in the global market, the State Trading Organisation said. The prices of crude oil presently stand at US$48.6 per barrel, up from US$46 at […]

The Price of Petrol and Diesel has Increased

The Price of Petrol and Diesel has Increased

1 min read

A statement published by State Trading Organization Plc (STO), the largest supplier of petrol and diesel in Maldives, indicated that they have increased the price of petrol and diesel due to the bumps on world market price of oil. The price of petrol was increased by 30 Laari per liter and diesel by 20 Laari per […]