ISLAMABAD: Petroleum prices in Pakistan are likely to go up by as much as Rs6.88 per litre starting March 1, 2026.
Sources indicated that petrol may see an increase of Rs4.58 per litre, while the price of high-speed diesel is expected to climb by Rs4.73 per litre. Kerosene oil could witness the highest jump of Rs6.88 per litre, and light diesel oil is projected to rise by Rs5 per litre.
Officials said preliminary calculations for the revised pricing have been completed. The Oil and Gas Regulatory Authority (OGRA) is set to submit its recommendations to the Petroleum Division, after which final approval will be sought from Shehbaz Sharif.
Once approved, the updated fuel prices will remain in effect from March 1 to March 15, 2026.
Authorities noted that the proposed adjustments were worked out after reviewing fluctuations in global oil markets, domestic pricing trends, and broader economic factors over the past fortnight. Fuel prices in Pakistan are revised every two weeks to balance public relief with fiscal considerations.
Meanwhile, concerns have also emerged regarding alleged fuel adulteration practices. Sources previously claimed that certain oil refineries and oil marketing companies were mixing industrial-grade solvents into petrol to boost profit margins.
These solvents, typically used in paint and rubber manufacturing, are reportedly exempt from the petroleum levy, potentially causing revenue losses for the government while compromising fuel quality and vehicle performance.
