KATHMANDU: Nepal Oil Corporation (NOC) has increased the price of kerosene and diesel by Rs 3 per litre on Tuesday. As per the revised price, both kerosene and diesel will cost Rs 58 per litre. NOC has been planning the hike since last month, citing mounting losses due to global rise in fuel prices. The state-run body makes a profit of Rs 4 in a litre of kerosene. While, it incurs a loss of Rs 2.50 in a litre of diesel.