Price Hike Details
On January 15, 2025, the Pakistani government increased the price of petrol by Rs3.47 per litre and high-speed diesel by Rs2.61 per litre. These new rates will be effective for the next fortnight.
Reasons for the Increase
The price surge is mainly due to rising global oil prices. U.S. President-elect Donald Trump’s threats of sanctions on Russian oil exports have contributed to market volatility.
Global Impact on Local Prices
International fuel prices have seen slight increases recently, which has pushed up local fuel prices. The cost of kerosene also rose due to the hike in global crude oil rates.
New Fuel Prices in Pakistan
| Fuel Type | Price Increase (Rs) | ||
|---|---|---|---|
| Petrol | 3.47 | ||
| High-Speed Diesel | 2.61 | ||
| Kerosene | [To Be Updated] |
Future Outlook
The rise in fuel costs is expected to impact various sectors like transportation. Experts suggest that further price adjustments may occur, depending on global market conditions.
