Diesel goes up

The State Trading Organisation (STO) has increased the price of diesel to Rf8.20 a litre from 29 December.

This is an increase of 55 laari from the previous diesel price.

STO reports that the increase in price is because the last diesel shipment brought in by the STO had gone up in price.

According to Miadhu, there has been an increase in international oil prices over the last couple of days by around US$4 a barrel.