Petroleum prices are expected to climb next week with new rates potentially taking effect from 1st March 2026 if approved by the government according to market analysts at Arif Habib Limited.
The price of Motor Spirit (MS) petrol is likely to rise by Rs5.13 per litre reaching Rs263.30 per litre while high-speed diesel (HSD) could jump by Rs6.8 per litre to Rs282.50 per litre.
Experts attribute the hike to an increase in international crude oil prices particularly Arab Light which has risen by 2.7% recently.
A minor increase in local refining spreads has also contributed to the adjustments.
This follows the federal government’s recent price revision in the last fortnight which saw diesel rates at Rs275.7 per litre and petrol at Rs258.17 per litre.
Consumers are advised to prepare for the upcoming increase which will impact transportation and commodity costs across the country.
As the inflation rate rises in Pakistan, people across the country are keeping an eye on the petrol prices and wondering if the rates have dropped or increased.
Sources revealed that the prices of petroleum products are likely to increase in Pakistan from March 1st.
Pakistan introduces track-and-trace system for petroleum sector
The government earlier implemented comprehensive reforms to improve efficiency and transparency in the petroleum sector.
A track-and-trace system has been introduced to eliminate smuggling at petrol pumps and across the fuel supply chain.
According to a statement issued by Pakistan’s Petroleum Division, the Rahguzar mobile app has been launched to provide information on legal petrol pumps.
Consumers can now identify certified and approved fuel stations through the app. A joint track-and-trace system developed by OGRA and PITB is also ready to monitor oil tankers.
Fuel tankers, terminals and retail outlets are being connected through an integrated system. Automated tank gauges and digital nozzles will be installed at petrol pumps.
Also read: Will petrol prices rise or fall in Pakistan from February 1?
