Kathmandu : The Nepal Oil Corporation (NOC) has reduced the prices of petroleum products effective from this mid-night.

Issuing a press statement this evening, the NOC said the price of diesel and kerosene has been slashed by Rs 4 per liter while the price of petrol has been lowered by Rs 5 per liter.

As per the latest price adjustment decision, diesel and kerosene will be sold at Rs 151 per liter in the Kathmandu Valley and petrol at Rs 163 per liter, the NOC stated issuing a press statement.