Nepal Oil Corporation has reduced the price of fuel. The meeting of the board of directors of the corporation has decided to reduce the price of petrol by Rs.5 per liter and diesel/kerosene by Rs.4 per liter.

The new price will come into effect on Saturday at 12:00 pm, it is mentioned in the statement issued by the corporation. With the price reduction, petrol in the first, second and third category has remained at Rs.

According to the new price list received from the Indian Oil Corporation on Saturday, the new purchase price of petrol and diesel has decreased, so the price has been adjusted in the local market.