Prices of petrol, diesel and kerosene decreased

Nepal Oil Corporation has reduced the price of petrol, diesel and kerosene by five rupees per liter.

The board meeting held on Monday evening decided to reduce the price. Manoj Thakur, spokesperson of the corporation said that this time, the corporation has determined the price using a scientific system. The price of fuel has been reduced for the third category (Kathmandu, Pokhara and Dipayal) with effect from 12 midnight on Monday.

The new price of petrol in Kathmandu will be Rs 170, diesel and kerosene will be Rs 150.

For the second category (Surkhet and Dang) Rs.6 per liter has been decreased and for the first category (Charali, Birgunj, Janakpur, Amlekhganj, Bhalwari, Nepalgunj and Dhangadhi) Rs.7.5 per liter has been decreased.

Keeping the price of LP gas unchanged, the corporation has reduced the price of aviation fuel by Rs 14 per liter domestically and by USD 115 per thousand liters internationally.

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.

Cost price of petroleum products increased

Indian Oil Corporation has sent a new price list of petroleum products today.

According to the new price list of IOC, the per litre price of petrol has been increased by Rs 1.39 and diesel per litre by Rs 6.12. According to Nepal Oil Corporation, with the new price list, the profit of petrol has decreased by Rs 2, while the loss of diesel will be Rs 12. Similarly, the price of jet fuel has also been increased while the price of gas has been reduced by one rupee per cylinder.

Currently in Nepal: petrol price is 181, diesel and kerosene price is 172 and gas per cylinder is 1800.

According to the new price list sent by IOC, Nepal oil corporation has increased the price of diesel and kerosene by Rs.6 per liter.. However, the corporation did not adjust the price, showing losses and debts, even though the price decreased 3 times in a row earlier.

Purchase price of petroleum products decreased

Along with the decline in the price of crude oil in the international market, the price of petroleum products purchased by Nepal Oil Corporation from India has also decreased.

According to the reduced prices, since Saturday, the Oil Corporation has purchased petrol at a lower price of Rs 15.76 per liter and diesel at a lower price of Rs 16.56 per liter.

Even though Nepal Oil Corporation purchased petroleum products from India at a reduced price, due to the arrears that the corporation has to pay to the IOC and the long-standing losses, the price of petroleum products will not be adjusted according to the new prices.

Price of fuel gone up again


Nepal Oil Corporation has again increased the price of petroleum products.


Nepal Oil Corporation has stated that the price of petroleum products will be increased with effect from 12 midnight today. The corporation has announced a price hike of Rs 2 per liter on petrol, Rs 9 per liter on diesel and kerosene and Rs 5 per liter on domestic aviation fuel.


According to the price hike, the price of petrol has gone up to Rs 181 per liter, diesel and kerosene to Rs 172 per liter and domestic aviation fuel to Rs 190 per liter.

Government agrees to reduce tax on fuel by Rs.10

The government has decided to reduce the tax on petroleum products after widespread protests and criticism from the people.

Although the government has given its consent to the Ministry of Finance to remove the tax on two headings, it has not been decided which heading tax will be reduced and how much. The government has moved ahead with discussions on reducing the customs and infrastructure tax by Rs 5 each to Rs 10 in total.

The government has been levying Rs 25.23 as a custom tax and Rs 10 as infrastructure tax per liter in petrol. Similarly, diesel is taxed at Rs 12.2 pais as a custom tax and Rs 10 on infrastructure tax.