STO to Lower Diesel and Petrol Prices Starting May 27th

State Trading Organization plc (STO) is reducing the selling price of oil products, citing a decline in global market prices. Effective today, STO will decrease MVR by 0.70 per litre for diesel and MVR by 0.35 per litre for petrol.

Following this adjustment, consumers can expect the following prices at Fuel Supply Maldives stations starting May 27th:

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Petrol: MVR 13.98 per litre

Diesel: MVR 13.92 per litre

In a press release, STO emphasized its commitment to providing sustainable services. The company assured customers that prices in Maldives will be adjusted in line with fluctuations in global oil prices.