IOC Raises  Petrol and Diesel Price; Cuts Aviation Fuel and LPG Price in New Price List

Jun 01, 2023 05:23 PM Merolagani

The Indian Oil Corporation (IOC) has raised petrol and diesel price in a new fuel price list to Nepal Oil Corporation.

However, it has cut aviation fuel prices and LP Gas prices in the list.

In the new price list, the price of petrol has been raised by Rs 2.04 and diesel by Rs 2.11 per liter

Meanwhile, it has cut aviation fuel price by Rs 7 per liter and LPG price by Rs 49 per cylinder.

IOC, on the basis of international price, sends new price list to NOC in every 15 days.

Currently, NOC sells petrol at Rs 175 per liter and diesel at Rs 155 per liter.

As per NOC, it will earn a profit of Rs 13 per liter in petrol and Rs 15 per liter in diesel after the new price list.  Moreover, the loss per LPG cylinder will limit at Rs 160.

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