Nepal Oil Corporation (NOC), the state-owned monopoly, hiked the prices of petroleum products.

The NOC has decided to increase Rs 21 per liter each in petrol and Rs 27 per liter in diesel and kerosene.

As per the new revised rate, the petrol will now cost Rs 199 per litre and diesel and kerosene will cost Rs 192 per litre.

The NOC, however, has not increased the price of Liquefied Petroleum Gas (LPG).