Nepal Diesel prices, 08-Jul-2024

The current price of diesel fuel in Nepal is NPR 157.00 per liter or USD 1.18 per liter based on the latest update from 08-Jul-2024. For comparison, the world average diesel price is USD 1.18 per liter.
Diesel prices
 Current price 1.18
 Measure USD/Liter
 Last update 2024-07-08
 Data availability from 2014-07-28
 Data frequency Weekly
Source: Nepal Oil Corporation

We show diesel price data for Nepal from 2014-07-28 to 2024-07-08. The average diesel price during that period is NPR 107.65 per liter with a minimum of NPR 73.00 on 2016-08-08 and a maximum of NPR 178.00 on 2022-09-05. Our data are obtained from official government sources, regulatory agencies, petroleum companies, and major media sources. We update the series for Nepal every week.

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Diesel prices
Price (NPR/Liter) Percent change
 Current price 157.00 -
 One month ago 153.00 2.6 %
 Three months ago 161.00 -2.5 %
 One year ago 146.00 7.5 %

Our data on: CNN Bloomberg Reuters

Nepal Diesel prices: The last eight weeks

Nepal Diesel prices: The last eight weeks

Nepal Diesel prices, liter, Nepalese Rupee

Nepal Diesel prices: Historical graph; 2014-07-28-2024-07-08
* A long flat line means that the government fixes the prices.
Nepal: Diesel price analytics
Percent of world average diesel price     89.74%
Correlation with crude oil prices     0.73
Percent change if oil prices increase 10%     3.41%
Correlation with USD exchange rate     -0.87
Price flexibility index: 0 (low) - 1 (high)     0.27
Correlation with gasoline prices     0.99
Percent of gasoline price     91.07%
Cost of 40 liter tank, percent of income     44.74%
Diesel consumption, percent of income     1.49%
Updated monthly. Methodological notes
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