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Fuel prices are likely to increase by Rs 3 from January 16

Diesel petrol prices in pakistan

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Fuel prices are likely to increase by Rs 3 from January 16

Fuel prices are likely to increase by Rs 3 from January 16

The start of 2025 could bring additional challenges for Pakistanis as fuel prices are likely to rise again, reflecting the ongoing upward trend in global oil markets.

Reports suggest that petrol and diesel prices could increase by up to Rs3 per litre from January 16, putting further pressure on household budgets and transportation costs.

In December 2024, fuel prices had already seen an increase, with petrol prices increasing by Rs 0.56 to Rs 252.66 per liter and high-speed diesel (HSD) prices increasing by Rs 2.96 to Rs 258.34 per liter.

The potential increase this January highlights the volatile nature of energy markets and their direct impact on Pakistan’s economy, which is heavily dependent on imported fuel.

The formal adjustment in fuel prices will be announced in the coming days, setting the tone for the next two weeks. The announcement will determine the extent of the financial burden on consumers and the broader impact on Pakistan’s economy.

The expected increase in fuel prices is a stark reminder of Pakistan’s vulnerability to global energy market trends. As the nation braces for potential increases, it underscores the urgent need for policies that promote energy independence and stability to protect consumers from recurring economic pressures.

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