KATHMANDU: Nepal Oil Corporation has reduced the prices of petroleum products. The corporation has decreased the price of petrol by NPR 5 per liter and diesel by NPR 1.30 per liter.

According to the corporation, the prices were revised based on the new purchase rates of petroleum products received from the Indian Oil Corporation on (July 15) Ashar 31. The price of kerosene has also been reduced by NPR 1.30 per liter.

The new prices will come into effect from midnight tonight, as per the decision of the corporation’s board meeting.