August 2: Nepal Oil Corporation(NOC) has hiked prices of petroleum products in the country. While prices of petrol and diesel have increased, NOC has slashed the price of LP gas cylinders.

The state-owned Nepal Oil Corporation (NOC) has implemented these changes, which came into effect from 12:00 midnight on Tuesday.

NOC has increased petrol prices by Rs 9 per liter and prices of kerosene and diesel by Rs 7 per liter. Following the price adjustment, a liter of petrol costs Rs 170 in Group A, Rs 172 in Group B, Rs 173 in Group C.

Similarly, diesel and kerosene prices will stand at Rs 150 per liter in Group A, Rs 152 per liter in Group B, and Rs 153 per liter in Group C.

However, the cost of LP gas cylinders has decreased, with a reduction of Rs 130 per cylinder. Consequently, the price for an LP gas cylinder will now stand at Rs 1,660.