Kathmandu: The Nepal Oil Corporation has reduced the price of fuel. The corporation has announced that the price of petrol, diesel, and kerosene will be reduced starting from tonight.

In a meeting of the corporation’s board of directors held on Saturday, it was decided to reduce the price of petrol by 5 rupees per liter, and the price of diesel and kerosene by 4 rupees per liter.

After the reduction, the price of petrol in the Kathmandu Valley will be 163 rupees per liter, and the prices of diesel and kerosene will be 151 rupees per liter, according to the corporation.