Diesel and kerosene prices reduced by Rs.10

May 16, Kathmandu – Nepal Oil Corporation has reduced the price of diesel and kerosene by Rs. 10 per liter.

After the price of petroleum products reduced by IOC on Tuesday, the meeting of the board of directors of the Nepal Oil corporation decided to reduce the price for consumers. According to the new price list sent by the Indian Oil Corporation (IOC), the price of diesel has decreased by 8 rupees per liter and the price of petrol by 9 rupees. Earlier, diesel and kerosene, which were sold at 165 rupees per liter, have remained at 155 rupees.

The corporation has kept the prices of petrol, jet fuel and cooking gas unchanged.

Hike on fuel price

Nepal Oil Corporation has increased the price of petroleum products. Changes on fuel price will be in effect from midnight today.

Petrol, diesel and kerosene prices have been increased by Rs 10 per liter.Accordingly, the price of petrol in will now be Rs. 170 per liter.

Similarly, the price of diesel and kerosene has reached Rs 153 per liter.

Crowd been growing in pumps on the fear of petroleum products shortage

Even though the movement of petroleum businessmen has been withdrawn, the crowd at petrol pumps remains the same.

Petroleum businessmen, who had stopped loading and unloading fuel had withdrawn their agitation on Saturday after reaching a four-point agreement with the Nepal Oil Corporation. But the crowd that has been growing since Saturday on the fear of shortage of petroleum products due to the strike of petroleum businessmen remains the same even today all over the country.

The LP Gas Industry Association, Petroleum Dealers Association, and Petroleum Transporters were in agitation demanding automatic fares to reduce the price ratio of diesel in external and internal freight rates.