August 17, 2026, Monday
English

Huge price hike in petroleum products

Main News Image

Kathmandu. Nepal Oil Corporation has increased the price of petroleum products. The corporation has informed that the prices of diesel, kerosene and jet fuel have been increased internally with effect from today. According to the new price list, diesel fuel has been increased by Rs 30 per liter and jet fuel by Rs 5 per liter.

According to the revised prices, the price of diesel fuel has reached Rs 237 per liter while the price of jet fuel has reached Rs 256 per liter. The corporation claims that the price has increased in the international market and there is still a huge loss when calculated according to the new price list sent by the Indian Oil Corporation. According to the corporation, even after adjusting the price due to high cost price and low selling price, the loss per liter of petrol is Rs 2 32 paisa, diesel is Rs 87 99 paisa per liter, kerosene oil is Rs 36 70 paisa and LP gas for cooking is Rs 331 25 paisa per cylinder. It has been mentioned in the statement issued by the corporation that there is a loss of about 7 billion 816 million 61 million on a fortnightly basis.

mediabaaji add

Related News

6.5 billion trade loss in five months

Kathmandu. Till the end of December of the current fiscal year 2082-83, the country has incurred a loss of Rs. According to the five-month foreign trade status report published by the Customs Department, during this period, imports of Rs. Compared...

A general decline in NEPSE, turnover of 8.69 billion

Kathmandu. On the fourth trading day of the week, the NEPSE index decreased by 0.04 points and remained at the point of 2662.09. Today, 222 million 82 thousand 50 shares of 329 companies were bought and sold, and 8 billion 69 million 22 million sh...

What is the exchange rate of which foreign currency on Sunday?

Kathmandu. Nepal Rastra Bank has determined the foreign currency exchange rate for Sunday. According to the fixed exchange rate, the buying rate of one US dollar is 144 rupees 37 paisa and the selling rate is 144 rupee...

Formation of study committee for re-operation of Biratnagar jute mill, report within one month

Kathmandu. The government has constituted a task force to study for re-operation of Biratnagar Jut Mill. It has been decided to form a working group with experts to study the existing economic, technical and legal conditions of the industry and re...

Rastra Bank will collect 1 trillion 25 billion deposits today, more liquidity in the market

Kathmandu. Nepal Rastra Bank is going to collect deposits worth one trillion 25 billion rupees again this Friday to manage excess liquidity in the financial system. Even after two weeks of formation of the new government, since the liquidity press...

Naima Expo ends, enthusiastic participation of 180,000 visitors

Kathmandu. Nepal Mobility Expo 2026 has concluded in Naima. The Naima Expo, which was officially inaugurated on July 26, was concluded today with the enthusiastic attendance of more than 180,000 visitors.

More than 30,000 people observed the...