Fuel Prices Hike; Petrol and Diesel Up by Rs 15 per Liter
The Nepal Oil Corporation (NOC) has announced a significant increase in the prices of petroleum products, effective from midnight, April 03, 2026 (Chaitra 20, 2082 BS). The oil corporation 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 11 arba 71 crore loss in 15 days after this price adjustement.
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 199.50 |
Rs 171.50 |
|
Second Category |
Surkhet, Dang |
Rs 201.00 |
Rs 181.00 |
|
Third Category |
Kathmandu, Pokhara, Dipayal |
Rs 202.00 |
Rs 182.00 |
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.
