State Trading Organization (STO) has lowered the prices of both petrol and diesel.
The price of petrol has been lowered from MVR 16.55 to MVR 15.99 per liter while diesel price has been lowered from MVR 16.77 to MVR 16.32 per liter.
STO had increased the prices of fuel on June 25, 2022 following the increasing price of fuel in the global market due to the Russia-Ukraine war.