It is likely that the federal government will increase petrol prices, petroleum products and diesel from February 1, 2025.
Sources say that petrol prices are expected to increase by Rs 3 per liter, while high -speed diesel can cost up to Rs 6 per liter in the next 15 reviews.
The Oil and Gas Regulatory Authority (OGRA) will send a summary to the relevant ministry, which will recommend an adjustment based on international oil prices and fluctuations in exchange rates.
Following a consultation between Finance Minister Mohammad Aurangzeb and Prime Minister Shahbaz Sharif, a final decision on new prices of petroleum products will be taken, which is expected to be officially announced on January 31, while new prices are February 1st. Will apply for a fifteen days. .
On January 16, the government increased the price of petrol by Rs 3.47 per liter, which increased the new price of Rs 256.13 per liter.
The price of high -speed diesel increased by Rs 2.61 per liter, after which the new rate reached Rs 260.95 per liter.
