By The Government of Pakistan has revised petrol prices in Pakistan effective 1st March 2026 for the next fortnight. The adjustment was made after a review of international oil prices and recommendations by the Oil and Gas Regulatory Authority (OGRA).
The new rates reflect ongoing global market volatility and economic pressures impacting fuel imports.
Latest Petrol & Diesel Price Chart (1 March 2026)
| Fuel Type | Previous Price (Rs/Litre) | New Price (Rs/Litre) | Increase (Rs) |
| Petrol (Motor Spirit) | 258.17 | 266.17 | +8.00 |
| High-Speed Diesel (HSD) | 275.70 | 280.86 | +5.16 |
These prices are effective nationwide from 1st March 2026 and will remain applicable until the next bi-weekly review.
Key Changes in Fuel Prices
- Petrol price increased by Rs8 per litre.
- High-Speed Diesel price increased by Rs5.16 per litre.
Petrol is primarily used in private vehicles and motorcycles, while high-speed diesel is widely consumed by heavy transport vehicles, buses, trucks, and agricultural machinery.
Why Did Petrol Prices Increase?
Several factors contributed to the latest increase:
1. Rising International Oil Prices
Global crude oil prices have shown upward trends due to geopolitical tensions and supply-side constraints.
2. Exchange Rate Fluctuations
The depreciation of the Pakistani Rupee against the US Dollar has increased the cost of petroleum imports.
3. Government Taxes and Petroleum Levy
A significant portion of the fuel price includes petroleum levy, sales tax, and other government-imposed charges.
4. Fiscal and Economic Commitments
Pakistan’s economic stabilization measures and revenue targets also influence fuel pricing decisions.
Impact on Inflation and Public
The increase in petrol prices in Pakistan from 1st March 2026 is expected to:
- Increase public transport fares
- Raise logistics and freight costs
- Add pressure on food and commodity prices
- Contribute to overall inflation
Since diesel powers most commercial transport, any increase directly affects the supply chain and consumer goods pricing.
What Happens Next?
Fuel prices in Pakistan are reviewed every 15 days. Future changes will depend on international crude oil prices, exchange rate stability, and government fiscal policies.
Consumers and businesses are advised to plan accordingly as fluctuations in petroleum prices continue to impact the national economy.
