Nepal Oil Corporation has received revised price list of petroleum products from Indian Oil Corporation(IOC).
As per revised rate, price of diesel has decreased by Rs 16.80. Similarly price of petrol has also decreased by Rs 12.42. As prices of crude oil have continued to fall in international market, IOC has been cutting down price of petroleum product to be supplied to Nepal as well.
NOC however, owing to its deficit, has not decreased price of petroleum products in Nepal. 15 days earlier also IOC had reduced price of petrol by Rs 15.76 and that of diesel by Rs 16.56