Petrol Prices Likely to Rise on January 16, 2025. The federal government is going to raise petrol prices by Rs 3.50 per liter for the next two weeks.

Other fuel prices will also increase, light-speed diesel price will increase by Rs 5 per liter. While kerosene oil could increase by more than Rs 6. Variations in the price of oil around the world are the cause of these shifts.

The Oil and Gas Regulatory Authority (OGRA) has received recommendations from the petroleum industry. On January 15, OGRA will examine the suggested prices and make a final determination.

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Prime Minister Shehbaz Sharif will approve the increased prices following OGRA’s evaluation. The Ministry of Finance will formally announce the revised pricing after approval from prime minister.

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These price increases could affect the cost of transportation and everyday necessities for customers and are a reflection of continuous changes in global oil markets. Local prices are still impacted by global oil trends. And the government is still committed to striking a balance between public welfare and economic difficulties.

The public is encouraged to make plans in advance of the anticipated formal announcement of the new fuel pricing.

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