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Kathmandu: The Nepal Oil Corporation has revised the price of petroleum products, effective from Wednesday midnight. 

A meeting of the NOC Board of Directors decided to reduce the price of petrol by Rs 7 per liter and diesel and kerosene by Rs 5 per liter. 

With the price adjustments, the retail price of petrol is set at Rs 168.5 per liter in Charali, Biratnagar, Janakpur, Amlekhgunj, Bhalbari, Nepalgunj, Dhangadhi, and Birgunj. It is Rs 170 per liter in Surkhet and Dang, and Rs 171 per liter in Kathmandu, Pokhara, and Dipayal. 

The price adjustments follow the revised price list from the Indian Oil Corporation (IOC), the supplier of petroleum products to Nepal, according to NOC Spokesperson Manoj Thakur.