KATHMANDU: The Nepal Oil Corporation (NOC) on Friday reduced the price of petroleum products.

As per the decision that will be effective from today midnight, the state-owned oil monopoly decreased the price of petrol by Rs two per liter and diesel and kerosene by Rs one per liter.

Now, petrol will cost Rs 109.50 per liter and diesel and kerosene will be traded at Rs 97 per liter.

However, the prices of LP gas and Aviation Turbine Fuel have been kept unchanged.