Pakistan’s government has announced a decrease in the today petrol price in Pakistan by 40 rupees per litre, effective October 16, 2023. This is the second decrease in petrol prices in the past month, following a decline in global oil prices.
The new price of petrol is 283.38 rupees per litre. This is the lowest price of petrol in Pakistan since July 2023.
The government has said that the decrease in petrol prices will provide relief to the people of Pakistan, who have been struggling with high inflation and rising cost of living.
The decrease in today petrol price in Pakistan is also expected to have a positive impact on the Pakistani economy. It will reduce the cost of transportation for businesses and consumers, which will boost economic activity.
How to save money on petrol
Even though the price of petrol has decreased, there are still a number of things that consumers can do to save money on petrol:
- Drive less. If possible, try to walk, bike, or take public transportation instead of driving.
- Combine trips. If you need to drive, try to combine as many trips as possible into one.
- Use fuel-efficient vehicles. If you are buying a new car, choose a fuel-efficient model.
- Drive regularly. Make sure to tune up your car regularly and keep the tires properly inflated.
- Avoid driving in rush hour. Traffic congestion can lead to increased fuel consumption.
By following these tips, consumers can save money on petrol, even when prices are high.
Conclusion
The decrease in petrol prices is a welcome relief for Pakistani consumers, who have been struggling with high inflation and rising cost of living. It is also expected to have a positive impact on the Pakistani economy, by boosting economic activity and reducing inflation.
Consumers can save money on petrol, even when prices are low, by following a few simple tips, such as driving less, combining trips, using fuel-efficient vehicles, driving regularly, and avoiding driving in rush hour.
