The federal government has announced an increase in petrol and diesel prices in its latest review, which will come into effect from January 16, 2025. This revision will impact consumers for the next fortnight, reflecting changes in global oil market trends.
The price of petrol has gone up by Rs3.47 per litre, setting the new rate at Rs256.13 per litre. Meanwhile, the cost of high-speed diesel (HSD) has been raised by Rs2.61 per litre, bringing the new price to Rs260.95 per litre.
This marks another adjustment following the slight increases during the previous fortnightly review. Earlier, the price of petrol had risen by just Re0.56 per litre, taking it to Rs252.66 per litre. Similarly, the rate of HSD had been hiked by Rs2.96, reaching Rs258.34 per litre.
The price updates are part of the government’s routine revisions to reflect the fluctuating rates in international oil markets. These adjustments help manage costs and align with global energy trends while ensuring stability in domestic fuel supply chains.
The recent increases may cause concern among consumers, particularly those who rely heavily on petrol and diesel for daily transportation or business operations. However, such price adjustments are a standard practice driven by global oil price changes.
Consumers are encouraged to budget accordingly and explore ways to manage fuel expenses efficiently during this period. The government remains committed to monitoring the situation and ensuring the availability of fuel across the country.
These latest revisions highlight the importance of staying informed about fuel price changes, as they directly impact everyday expenses for households and businesses. Keep checking updates to plan your fuel consumption wisely.
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