KATHMANDU: Nepal Oil Corporation (NOC) has increased the price of petroleum products yet again.
As per the new price list, price of petrol has increased by Rs 4.20 per litre, Rs 4.07 in diesel and Rs 4.65 in kerosene oil, Rs 4.06 in aviation fuel and Rs 91.96 per cylinder, according to the NOC.
The IOC sends the new price list of petroleum products to NOC on the first day and 16th day of the every English month. The NOC adjusts the price of petroleum products based on the new price list.
The NOC has claimed that the price had to be increased in a bid to adjust the price as the price of crude oil has gone up in the international market.
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