Nepal Oil Corporation (NOC) has reduced the prices of petroleum products, lowering petrol by Rs5 per litre and diesel and kerosene by Re1 per litre, effective from Tuesday midnight.

According to NOC, the decision to adjust the prices was made at a board meeting held on Tuesday, following the new purchase rates received from Indian Oil Corporation.

With the revision, petrol will now cost Rs157.50 per litre and diesel and kerosene Rs145.50 per litre in Category A areas, which include Charali, Biratnagar, Janakpur, Amlekhgunj, Bhalwari, Nepalgunj, Dhangadhi, and Birgunj.

In Category B areas, including Surkhet and Dang, petrol will be priced at Rs159 per litre and diesel and kerosene at Rs147 per litre. Meanwhile, in Category C areas, covering Kathmandu, Pokhara, and Dipayal, petrol will cost Rs160 per litre and diesel and kerosene Rs148 per litre.