Nepal Oil Corporation jacks up fuel prices

Summary

Nepal Oil Corporation has increased petrol, diesel, and kerosene prices by Rs15 per litre effective from midnight Wednesday due to rising international fuel prices.

Key Points
  • Nepal Oil Corporation raised petrol, diesel, and kerosene prices by Rs15 per litre.
  • The price hike was implemented less than two weeks after the previous revision on March 15.
  • Petrol prices are now Rs184.50 to Rs187 per litre depending on the category and location.
  • The increase follows a significant rise in international fuel purchase costs between March 1 and 24.
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