Petrol & diesel price dropped

KATHMANDU: The cost of petroleum products has decreased.

According to Nepal Oil Corporation (NOC), the Indian Oil Corporation (IOC) has reduced the price of petrol by 15 rupees 76 paise per liter and diesel by 16 rupees 56 paise per liter as the price of crude oil has fallen in the international market.

The price of crude oil on the international market has recently dropped to around $100 per barrel. A month ago, per barrel was above 120 dollars.

The corporation received some relief from the drop in international crude oil prices.