Petro price hike by Rs 4 per litre

July 16, Kathmandu: The Nepal Oil Corporation has increased the prices of petroleum products.

The petrol price has been increased by four rupees per litre while diesel and kerosene oil by three rupees per litre, effective from 1:00 am July 16.

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

The price of petrol will be Rs 170 per litre 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 litre 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 petrol, diesel and kerosene oil.

According to the NOC, the price of petroleum products was adjusted in the domestic market with the rise in price of petrol by Rs 4.48 per litre and Rs 2.83 in diesel per litre as per the new purchase price received from the Indian Oil Corporation. RSS