Nepal Oil Corporation Hikes Fuel Prices Again Amid Global Market Volatility
Summary
Nepal Oil Corporation has increased fuel prices by 15 rupees amid global market volatility caused by the West Asia conflict, impacting multiple regions in Nepal.
Key Points
- Nepal Oil Corporation has raised petrol, diesel, and kerosene prices by 15 rupees starting today.
- The price hike is due to rising international petroleum prices amid the ongoing West Asia war.
- The projected loss for NOC is Rs 5 billion for the next 15 days, with an additional Rs 15 billion anticipated thereafter.
- Prices vary by region, with petrol costing 184.50 to 187 rupees in different parts of Nepal.
