Petroleum prices in Pakistan are likely to increase from 1st March 2026, if the government approves the proposed summary. According to a report by Arif Habib Limited, the increase may be as high as Rs. 6.8 per litre.
The expected rise will affect both Motor Spirit (MS) petrol and High-Speed Diesel (HSD). These fuels are widely used across the country for transport, business, and daily travel. Any change in their prices directly impacts household budgets and business costs.
Expected New Fuel Prices
If approved, the price of MS petrol is expected to increase by Rs. 5.13 per litre. On the other hand, HSD is likely to see a bigger jump of Rs. 6.8 per litre.
Below is a simple table to understand the expected changes:
| Product | Current Price (Rs./Litre) | Expected Increase (Rs.) | Expected New Price (Rs./Litre) |
|---|---|---|---|
| Petrol (MS) | 258.17 | 5.13 | 263.30 |
| High-Speed Diesel (HSD) | 275.70 | 6.80 | 282.50 |
These revised rates are expected to take effect on 1st March 2026, subject to formal approval.
Reason Behind the Increase
The main reason for the possible price hike is the rise in global oil prices. Arab Light crude has increased by 2.7 percent in the international market. In addition, a slight rise in refinery spreads has also added pressure on local fuel prices.
When global oil prices rise, Pakistan, an oil-importing country, feels the impact quickly. The government reviews prices every fortnight to adjust them in line with international trends and exchange rate movements.
What This Means for Consumers
If the increase is approved, transport fares and delivery costs for goods may also rise. This can lead to higher prices of daily-use items. Citizens and businesses are advised to plan their expenses carefully.
The final decision will depend on government approval, and an official notification is expected soon.
