State Trading Organisation (STO) has slashed fuel prices again.

In a tweet by STO on Thursday night, the organisation noted that MVR 0.14 has been reduced per litre of petrol and MVR 0.63 has been reduced per litre of diesel starting 00:00hrs Thursday night.

As such, price of a petrol litre is at MVR 14.73 and diesel at MVR 15.07 presently.

STO reduced price of petrol per litre by MVR 0.83 and diesel by MVR 0.62 in May 2023 as well.