Fuel Prices Hike; Petrol and Diesel Up by Rs 15 per Liter

Thu, Mar 26, 2026 11:55 AM on Highlight News, National,

The Nepal Oil Corporation (NOC) has announced a significant increase in the prices of petroleum products, effective from midnight, March 26, 2026 (Chaitra 12, 2082 BS). The state owned utility has hiked the prices of petrol, diesel, and kerosene by Rs 15 per liter.

Reason for the Hike

The NOC cited the ongoing conflict in West Asia as the primary driver for the increase, which has caused a continuous rise in international oil prices. Despite utilizing the Price Stabilization Fund, the corporation projected a loss of Rs 5 billion over the last 15 days and anticipates an additional Rs 15 billion loss if prices were not adjusted.

New Retail Prices (per Liter)

The new prices vary across three geographical categories as follows:

Category

Locations

Petrol (New Price)

Diesel/Kerosene (New Price)

First Category

Charali, Biratnagar, Janakpur, Amlekhgunj, Bhalbari, Nepalgunj, Dhangadhi, Birgunj

Rs 184.50

Rs 164.50

Second Category

Surkhet, Dang

Rs 186.00

Rs 166.00

Third Category

Kathmandu, Pokhara, Dipayal

Rs 187.00

Rs 167.00

 Official Appeal

The corporation has appealed to the public to adopt austerity measures in fuel consumption due to the current global market volatility. However, it assured consumers that prices would be reduced immediately if international rates decrease in the future.