STO bumps diesel prices once again

Government owned State Trading Organization (STO) has once again bumped the diesel price by an additional 10 Laari.

The new bump on diesel sold through STO's various distribution points would cost MVR11.23 per liter from Thursday onward.

The public limited corporation had most recently hiked their diesel prices back in May 24 with an increment 41 Laari to diesel per liter

Crude oil price at world market has reached USD64.67 per barrel.