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Prices of petrol, kerosene and aviation fuel slashed

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January 18: Nepal Oil Corporation (NOC) has slashed the price of petroleum products effective from this midnight.

As per the new price list, the price of petrol has gone down by Rs 5 per liter and remains RS 99 per liter and the price of kerosene and diesel decreased by Rs 6 per liter to stand at Rs 75 per liter.

The NOC decided to slash the prices of petrol and kerosene in line with a new price list sent by the Indian Oil Corporation on January 16. Similarly, the price of aviation turbine fuel or ATF has been heavily cut to Rs 164 per liter from Rs 232. However, the price of cooking gas remains unchanged.

It may be noted that import of petroleum products has significantly shrunk for the past four months due to obstructions in its supply through the southern border. The current international market price of crude oil is US dollar 28 per barrel. A barrel contains 162 liters. RSS

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