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Petrol Price Likely to Increase from 1st February

Petrol Price Likely to Increase from 1st February due to tensions in the Middle East.

Brace Yourselves, Drivers: Petrol & Diesel Prices Set to Rise on Jan 31st!

Fueling up may cost you more soon! The interim government is expected to announce a Rs7 per liter increase in both petrol and high-speed diesel prices during the upcoming bi-weekly review on January 31st.

Why the hike? Blame it on global oil prices spiking thanks to tensions in the Middle East.

Read More: Petrol Price Increased by Rs. 116 in 2023

Recent Houthi attacks in the Red Sea have drawn US and UK interventions, leading to a 4-5 dollar per barrel surge in petrol, diesel, and crude oil prices over the past week.

What’s changed? After a period of stability and even reductions since November 1st, 2023, the global oil market is throwing a curveball.

While the local currency remains stable, these international fluctuations are set to ripple through our pumps.

What to expect:

  • Petrol: Up by Rs7 to Rs266 per liter.
  • High-speed Diesel: Up by Rs7 to Rs283 per liter.

What can you do?

  • Plan your trips: Consolidate errands and carpool to minimize fuel usage.
  • Explore alternatives: Consider public transport, cycling, or carpooling to save on gas.
  • Stay informed: Keep an eye on fuel price updates and adjust your budget accordingly.

Remember: While the current global price hike may stabilize soon, the immediate impact on domestic prices is inevitable. By being prepared and exploring alternatives, you can navigate this fuel cost increase and keep your wheels turning.

Share this news and tips with your fellow drivers! Use relevant hashtags like #FuelPricePK #CommuteCostRising #SaveFuelTips to spread awareness and start a conversation about fuel efficiency and sustainable mobility.

Together, we can navigate this bumpy road!

Note: The information above might not be accepted 100%. Please verify from your own sources. We will not be responsible for any kind of loss due to our content.

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