Petrol price dropped, diesel and kerosene also cheaper

Nikhil Poudel
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Nikhil Poudel
Nikhil Poudel brings a unique lens to stock market analysis by decoding the intersection of politics and economics.
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Nepal Oil Corporation (NOC) has announced a reduction in petrol and other fuel prices, effective from midnight tonight (Ashad 31). The decision follows a decrease in fuel import prices from India.

According to the new pricing, petrol has been reduced by NPR 5 per liter, while diesel and kerosene have been lowered by NPR 1 per liter each.

In major cities like Kathmandu, Pokhara, and Dipayal, the new price of petrol is NPR 157.50 per liter. The updated price for both diesel and kerosene is NPR 145.50 per liter.

The price of Liquefied Petroleum (LP) gas used for cooking remains unchanged.

Nepal Oil Corporation stated that the adjustment was made in line with the recent drop in international prices received from Indian suppliers.

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