KATHMANDU

The Nepal Oil Corporation has increased the price of petroleum products. The petrol price has been increased by four rupees per liter, while diesel and kerosene oil have been increased by three rupees per liter, effective from 1:00 am on July 16.

With the price hike, the petrol price per liter has reached Rs 168.50 and diesel and kerosene oil per liter have reached Rs 157.50, respectively, in Charali, Biratnagar, Janakpur, Amalekhgunj, Bhalbari, Nepalgunj, Dhangadhi, and Birgunj areas.

The price of petrol will be Rs 170 per liter, while diesel and kerosene oil will be traded at Rs 159 in Surkhet and Dang. Similarly, the price of petrol would be Rs 171, while diesel and kerosene oil per liter would be sold at Rs 160 in Kathmandu Valley, Pokhara, and Dipayal.

A meeting of the NOC Board of Directors held on Monday decided to hike the price of petro, diesel, and kerosene oil. According to the NOC, the price of petroleum products was adjusted in the domestic market with the rise in the price of petrol by Rs 4.48 per liter and the price of diesel by the price of diesel by Rs 2.83 per liter as per the new purchase price received from Indian Oil Corporation today.