Fuel prices in Pakistan are expected to rise further tomorrow, with petrol and high-speed diesel (HSD) prices set to go up by Rs. 10-14 and Rs. 14-16 per liter respectively. Kerosene prices are also expected to rise by Rs. 10.
This is the latest blow to Pakistani consumers, who are already struggling with high inflation and a weakening rupee. The increase in fuel prices is expected to have a knock-on effect on the prices of other goods and services, making it even harder for people to make ends meet.
But why are fuel prices rising so much? There are a few factors at play. First, the rupee has been depreciating against the dollar, which means that Pakistan has to pay more for imported oil. Second, international oil prices have been rising in recent months. Finally, the government is passing on the cost of increased selling margins for petroleum dealers and marketing corporations to consumers.
So what can you do to prepare for the upcoming fuel price hike? Here are a few tips:
- Fill up your tank today. If you can, try to fill up your tank today before the prices go up tomorrow.
- Drive less. If possible, try to drive less in the coming days and weeks. Consider taking public transportation, walking, or biking whenever possible.
- Plan your trips ahead of time. If you do need to drive, try to plan your trips ahead of time so that you can minimize the amount of time you spend on the road.
- Conserve fuel. There are a number of things you can do to conserve fuel, such as driving at moderate speeds, avoiding unnecessary acceleration and braking, and keeping your tires properly inflated.
The upcoming fuel price hike is going to be tough on everyone, but by following these tips, you can help to minimize the impact on your wallet.