Fuel Prices Hike; Petrol and Diesel Up by Rs 15 per Liter
Summary
Nepal Oil Corporation has raised petrol, diesel, and kerosene prices by Rs 15 per liter effective March 26, 2026, citing rising international oil prices due to West Asia conflict.
Key Points
- Nepal Oil Corporation announced a Rs 15 per liter hike in petrol, diesel, and kerosene prices effective March 26, 2026.
- The price increase is attributed to rising international oil prices caused by ongoing West Asia conflict.
- NOC has incurred significant losses and used the Price Stabilization Fund to manage costs before the hike.
- New prices vary regionally, with highest rates in Kathmandu, Pokhara, and Dipayal.
- NOC urged public to reduce fuel consumption and promised price reductions if international rates fall.