Petrol and Diesel Prices to Increase by Rs6 Amidst Global Energy Market Fluctuations

The Pakistani government has announced a Rs6 per litre hike in petrol and diesel prices for the upcoming fortnight, effective January 15, 2025. This adjustment is attributed to recent global energy market fluctuations, notably the United States’ threats of stringent sanctions on Russian oil and energy exports. Such international developments have led to increased crude oil prices, necessitating corresponding adjustments in domestic fuel rates. The government emphasizes that these measures are essential to maintain economic stability and ensure the uninterrupted supply of petroleum products nationwide. Consumers are advised to prepare for the price change and manage their fuel consumption accordingly.