As the price of crude oil fell in the international market, the price of refined petroleum has also decreased. Due to this, the price of petroleum products purchased from India has also decreased, according to Nepal Oil Corporation.
According to the new prices received from the Indian Oil Corporation (IOC), the price of petrol has decreased by Rs 15.60 and diesel by Rs 16. With the reduced prices, the corporation faces a loss of Rs 14 on petrol and Rs 22 on diesel.
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