Fuel Prices Revised Due to Hikes in Global Market Prices

A national leader in business, the State Trading Organization remains a growing company with subsidiaries, joint ventures and associates already operating internationally under its wings. Founded in 2001, Fuel Supply Maldives is a subsidiary that specializes in fuel distribution throughout the archipelago via a powerful distribution network offering better rates than previously to the clients. 
 
In light of the changing global market price of fuel, STO has yesterday announced that effective from June 20, 2021, the following will be the new prices. It will be implemented across all of FSM sheds.  
Diesel Litre: MVR 10.72 
Petrol: MVR 9.74 
 
FSM operates fuel sheds in various locations in the Greater Male Region. Since stricter measurements were announced by Health Protection Agency to curb the upsurge of Covid cases, the new oparating timings of the sheds are as follows: