KATHMANDU: Nepal Oil Corporation (NOC) has increased the price of petroleum products yet again.

As per the new price list, prices of petrol, diesel and kerosene have increased by Rs 2 per liter each effective from Wednesday midnight.

With this, a liter of petrol will cost Rs 127.  Likewise, a liter of diesel and kerosene will cost Rs 110, according to the NOC.

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.