The Nepal Oil Corporation (NOC) slashed the prices of petroleum products on Tuesday. The NOC said that the prices of petrol, diesel and kerosene have been slashed by Rs 5 per liter. According to the new revised rate, the price of petrol will be 170 per liter while the price of kerosene and diesel will be Rs 150 per liter each.

Similarly, the cost of petroleum products in Surkhet and Dang (first category) has been reduced by Rs 6 per liter while in Charali, Biratnagar, Birgunj, Janakpur, Amlekhgunj, Bhalbari, Nepaligunj and Dhangadhi (second category) have been slashed by Rs 7. 50 per liter.

The state-owned oil monopoly, which has not revised the price of Liquefied Petroleum Gas (LPG), reduced the price of domestic aviation fuel by Rs 14 per liter and international aviation fuel by USD 115 per liter.