Nepal Oil Corporation has reduced the price of petroleum products.
The meeting of the board of directors of the corporation held on Thursday decided to reduce the price of petrol by Rs.5 per liter and diesel and kerosene by Rs.3 per liter.
The reduced price will be effective from 12 pm tonight. The corporation said that in the new price list from India, petrol per liter and diesel and kerosene per liter have decreased by Rs 2.96 paise.
According to the new prices, petrol and diesel and kerosene will cost Rs 165 per liter and Rs 155 per liter in Kathmandu.