Petroleum Price Update: Petrol At All Time High Of Rs. 199 Per Litre

June 20, 2022 | Investopaper

Nepal Oil Corporation (NOC) has increased the price of petroleum products. The corporation has increased the price with effect from Monday. As per the corporation, the price of petrol has inclined by Rs. 21 per liter while the price of diesel, and kerosene has increased by Rs 27 per litre. Similarly, the price of aviation fuel (domestic) has increased by Rs. 19 per litre. However, the price of cooking LP gas has remained stable.

According to the automatic price list system being operated between Indian Oil Corporation and Nepal Oil Corporation, the price of petroleum products is adjusted.

After the adjustment of the retail price, petrol will cost Rs 199 per litre, diesel Rs 192, and kerosene Rs 192 per litre. Similarly, aviation fuel costs Rs 185 per liter and LP gas Rs 1,800 per cylinder.

Previously on May 23, the price of petrol, diesel and kerosene had reached an all time high price of Rs 180 per litre, Rs. 163 per litre and Rs. 163 per liter respectively.

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