STO Announces Oil Price Spike as International Rates Rise to Alarming Rates

The price of oil in the global market has risen to an alarming rate, the highest it has gone up in the past seven years. In light of this, one of the biggest oil suppliers in the Maldives, State Trading Organization has announced that they are bringing changes to the price of oil. STO warns that the new prices are comparatively high due to the ongoing fluctuations to the rate in the global market.  
Starting today, the following rates for patrol and diesel will be applied at all stations of Fuel Supply Maldives: 
Patrol Litre: MVR 11.16 
Diesel Litre: MVR 11.84 
STO will be closely monitoring the situation and bringing changes as needed, with aims to continue providing seamless service to customers.