Nepal Oil Corporation is keeping a close eye on fuel prices as global oil prices are increasing with the Middle East crisis. Brent crude oil is now trading at more than $114 a barrel with 20% rise in the price. Nepal Oil Corporation has assured the public that Nepal has sufficient fuel stocks for two weeks despite the rise in prices of fuel and is still receiving fuel through pipelines from the Indian Oil Corporation. There is no shortage of fuel for now, and the price will vary based on the new rates fixed by the Indian Oil Corporation.
Middle East Crisis Heaps Pressure on NOC For Fuel Price Revision
