Pakistan Eyes Significant Hike in Petrol and Diesel Prices from Feb 16

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Proposed fuel price hike may impact transport costs and essential commodities nationwide

Karachi/Islamabad: Pakistan is expected to witness a notable increase in petrol and diesel prices starting February 16, 2026, according to government and industry sources. Preliminary recommendations in a working paper suggest:

  • Petrol could rise by approximately Rs 4.39 per liter.

  • Diesel (High-Speed Diesel) may increase by about Rs 5.40 per liter.

  • Kerosene oil might see a hike of nearly Rs 4 per liter, while Light Diesel Oil (LDO) could surge by around Rs 6.55 per liter.

The proposed increases are based on global crude oil prices and local market assessments, as recommended by the Oil & Gas Regulatory Authority (OGRA). The final approval rests with the Finance Ministry and the federal government.

Experts warn that if implemented, the hike would directly impact the general public and the transport sector, potentially triggering a rise in the prices of other essential commodities. Pakistan reviews petroleum product prices every 15 days, with the government making the final decision.

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