Petrol and Diesel Prices Likely to Increase from 1st March 2026
Petroleum product prices in Pakistan are expected to rise once again, with new rates likely to come into effect from 1st March 2026, subject to government approval. The anticipated adjustment could put additional financial pressure on consumers already managing high living costs.
According to projections shared by Arif Habib Limited, the proposed increase may reach up to Rs. 6.8 per litre. The revision is part of the routine fortnightly price review linked to global oil market trends and exchange rate fluctuations.
Motor Spirit (MS) petrol is expected to witness an increase of Rs. 5.13 per litre. If approved, the new price could rise to Rs. 263.30 per litre. This change would directly impact private vehicle owners and ride-hailing services across the country.
High-Speed Diesel (HSD), widely used in heavy transport vehicles, agriculture machinery, and goods carriers, is projected to increase by Rs. 6.8 per litre. The expected new rate may reach Rs. 282.50 per litre from 1st March 2026.
An increase in diesel prices typically has a broader economic impact. Since HSD fuels trucks and public transport, higher rates can raise transportation costs. This often leads to an increase in the prices of essential commodities, including food and construction materials.
Fuel prices in Pakistan are influenced by international crude oil prices and adjustments in petroleum levy and taxes. The government reviews these factors every two weeks before announcing the final rates. Any upward revision is closely watched by businesses and consumers alike.
If the proposed changes are approved, households may experience higher commuting expenses. Businesses, particularly those dependent on logistics and supply chains, could also face increased operational costs.
The final decision regarding the revised petroleum prices will be announced by the government before the start of March. Until then, the expected hike remains subject to official confirmation.
