Oil prices up and up

Nepal Oil Corporation (NOC) has once again increased the price of petroleum products by Rs2, while liquefied petroleum gas (LPG) prices have gone up by Rs25. Meanwhile, the price of international aviation fuel is up by $16 and stands at $770 per kg.

Prices were hiked after an Indian Oil Corporation report estimated losses of Rs1.15 billion and jacked up prices, said NOC spokesperson Binit Mani Upadhyay. 

  

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