NOC hikes price of petroleum products

Nepal Oil Corporation (NOC), the state run monopoly in fuel supply, has on Sunday hiked the prices of petrol, diesel and kerosene.

As per the new revision, the consumer price of per liter petrol has been increased from Rs 77.50 to Rs 80 while the same of diesel and kerosene has been surged from Rs 60 to Rs 61 each.

The petrol saw an increment of Rs 2.50 per liter while the per liter cost of diesel and kerosene inclined by Rs 1 each.

The NOC decided to hike the prices of these petroleum products citing fluctuation in international oil market. nepalnews.com