August 19, 2026, Wednesday
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

What is the exchange rate of foreign currency on Wednesday?

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to Rashtra Bank, the buying rate of one US dollar has been fixed at 141 rupees 48 paisa and the selling rate is 142...

Himali Hydro Fund convened a general meeting to pass the IPO proposal

Kathmandu. Himali Hydro Fund Limited is going to issue an IPO. The company has called the fourth general meeting to pass the IPO issue proposal. The meeting of the company will start from 10 am at the registered office of the company in Kathmandu...

The value of the US dollar is at an all-time high

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the fixed exchange rate, the value of the US dollar has risen to its highest point so far. According to the fixe...

Tax arrears are coming up: The remaining amount has reached 94.95 billion

Kathmandu. In recent years, the outstanding tax arrears in Nepal have started to pile up. According to the Internal Revenue Department, by the end of the financial year 2081 and 2082, the outstanding amount including i...

Strictness in real estate transactions, transactions above 3 crores are now only through agencies

Kathmandu. The Land Reforms and Real Estate Office, Dillibazar, has announced new rules for real estate transactions worth more than three million rupees within the metropolitan and sub-metropolitan areas. 

According to the instructions...

The price of gold fell again, how much per tola on Friday?

Kathmandu. Recently, the price of gold in the Nepalese market has been continuously falling. Gold has decreased by two thousand 200 rupees per tola today. According to the Nepal Gold and Silver Traders Federation, gold is being bought and sold at...