Nepal Oil Corporation Reduces Petroleum Prices

Nepal Oil Corporation (NOC) has announced a reduction in the prices of petroleum products following a decision made by its Board of Directors during a meeting on Thursday. The new prices will take effect from Friday.

According to the decision, the price of petrol has been reduced by Rs 5 per liter, while diesel and kerosene prices have been cut by Rs 3 per liter.

With the new pricing, petrol will now cost Rs 162 per liter in the first category, Rs 164 in the second category, and Rs 165 in the third category. Similarly, the adjusted prices for diesel and kerosene will be Rs 152 per liter in the first category, Rs 158 in the second category, and Rs 155 in the third category.

The first category includes locations such as Charali, Biratnagar, Janakpur, Amlekhgunj, Bhalbari, Nepalgunj, Dhangadhi, and Birgunj. The second category comprises Surkhet and Dang, while the third category includes Dipayal, Pokhara, and Kathmandu.

This price adjustment is expected to bring some relief to consumers across the country, as the NOC continues to monitor global oil prices and adjust local rates accordingly.