NOC hikes diesel and kerosene prices, cuts aviation fuel rates

Summary

Nepal Oil Corporation has increased diesel and kerosene prices by Rs3 per litre and reduced aviation fuel prices effective from Saturday midnight, adjusting retail rates based on new procurement costs.

Key Points
  • Nepal Oil Corporation increased diesel and kerosene prices by Rs3 per litre from Saturday midnight.
  • Diesel and kerosene prices are set at Rs136.50 to Rs139 per litre depending on the depot category.
  • Domestic aviation fuel price reduced by Re1 per litre, and international aviation fuel price cut by USD 7 per kilolitre.
  • Price adjustments are based on updated procurement rates from Indian Oil Corporation.
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