KATHMANDU, Jan 5: Prime Minister Pushpa Kamal Dahal has instructed the authorities to reduce the price of petroleum products.
PM Dahal on Thursday instructed the Secretary for Commerce and Supplies to reduce the price of petroleum products – petrol, diesel and aviation fuel – as the price is gradua
KATHMANDU, July 17: India has reduced the price of petroleum products.
As per the new price list sent by the Indian Oil Corporation, the price of petrol and diesel have been reduced by Rs 15.5 and Rs 16.5 respectively.
In recent days, the price of petroleum products have gone down in the international market as well.
However, the selling price of petroleum products is unlikely to go down immediately in the domestic market, according to the Nepal Oil Corporation.
KATHMANDU, Jan 20: The Nepal Oil Corporation (NOC) has increased the price of petroleum products.
Prices of diesel, petrol and kerosene have been increased by Rs 3 per liter while aviation fuel by Rs 5 (domestic) and USD 100 (international).
According to the new price adjustment list released by the state-owned trading enterprise that will come into operation at Wednesday midnight, diesel and kerosene will be sold for Rs 122 per liter each and petrol for Rs 139. Similarly, aviation fuel (domestic) fetches Rs 106 per liter and USD 995 (international).
However, the price of cooking gas has remained intact. “Nevertheless, the NOC is incurring losses worth over Rs 1.8 billion every fortnightly despite price increment in petroleum products,” said its spokesperson Binit Mani Upadhyay.
