by Amit sharma
In a new press statement, the Nepal Oil Corporation (NOC) has officially announced an increase in petroleum prices effective from June 15, 2025 (Asar 1, 2082 B.S.). This decision comes in the wake of revised purchase rates of petroleum products imported from Indian Oil Corporation (IOC). The updated prices apply to both petrol and diesel/kerosene, … Read more
Nepal Oil Corporation’s Price Fluctuations: A Reflection of Public Sentiment In the heart of Nepal’s economic landscape, the Nepal Oil Corporation (NOC) stands as a pivotal entity, influencing the daily lives of millions. As the sole importer and distributor of petroleum products in the country, its pricing decisions resonate deeply with the populace, affecting everything … Read more
Petroleum products are the lifeblood of the global economy. From transportation to manufacturing, energy generation to agriculture—almost every sector depends heavily on crude oil and its derivatives. The fluctuation in international petroleum product prices doesn’t just affect oil-producing nations—it also has far-reaching consequences for developing countries like Nepal, which rely entirely on imports to meet … Read more