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STO hikes the prices of petrol and diesel

State Trading Organisation (STO) has once again hiked the prices of petrol and diesel sold from the company.

As per the latest development, USD 0.027 per litre and USD 0.043 per litre would be hiked from the prices of petrol and diesel respectively. With the changes, a petrol litre would be sold for USD 0.74 while a diesel litre would be sold for USD 0.78.

STO revealed that the hiked price is due to the inflation of global price of petroleum products.