With this change, MVR 0.48 is reduced from the price per litre, with the price now at MVR 13.50 per litre.
STO has reduced the price of petrol effective today.
The company said last night that the price reduction is due to the decreased price of fuel in the global market.
With this change, MVR 0.48 is reduced from the price per litre, with the price now at MVR 13.50 per litre.
The last time STO changed the price of petrol was in May last year, at which time the price was MVR 13.98 per litre.
At present, the price of oil in the global market is between USD 60 to 72 per barrel.
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