Petrol prices in Pakistan are expected to increase from February 16, 2026, following a review of global oil trends and domestic market conditions.
According to media reports, petrol prices are likely to rise by Rs4.39 per litre. If approved, the new petrol price will reach Rs257.56 per litre, increasing transportation and daily commuting expenses.
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High-speed diesel, widely used in transport and agriculture, is expected to increase by Rs5.40 per litre. This would bring the new diesel price to Rs273.78 per litre across Pakistan.
Kerosene oil, commonly used for cooking and heating in some areas, may increase by Rs4 per litre. The revised kerosene price is expected to reach Rs179.80 per litre.
Petrol price expected to drop in Pakistan
Light diesel oil is likely to see the highest increase of Rs6.55 per litre. Following the revision, its new price is expected to rise to Rs160.96 per litre.
These expected increases may affect transportation costs, goods delivery, and overall inflation, especially ahead of Ramadan when fuel demand often rises.
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The Oil and Gas Regulatory Authority has completed initial calculations and is scheduled to send its recommendations to the Petroleum Division. After review, the Petroleum Division will forward the summary for approval.
Prime Minister Shehbaz Sharif will give final approval before the revised fuel prices are officially announced. Once approved, the new rates will take effect from February 16.
Officials confirmed that the revised fuel prices will remain effective until February 28, 2026. The next review will determine further adjustments based on global oil prices and economic conditions.
