As of March 1, 2026, Pakistan is expected to see a significant increase in petroleum prices, with reports indicating a potential rise of up to 6.80 PKR per liter. According to brokerage house Arif Habib Limited, the price of motor spirit (petrol) may increase by 5.13 PKR per liter, leading to a new price of 263.30 PKR per liter. Similarly, high-speed diesel could see a hike of 6.80 PKR per liter, bringing its price to 282.50 PKR per liter. This anticipated increase is attributed to rising global crude oil prices, which have seen a 2.7% increase in Arab Light crude, as reported by both Pakistan News Index and Hum News. The federal government had previously set the prices at 275.70 PKR for diesel and 258.17 PKR for petrol just two weeks prior, indicating a trend of increasing fuel costs that could impact the economy significantly.
BUSINESS
Petrol And Diesel Price Increase Expected On March 1, 2026
67% NEGATIVE
By March 2026, Pakistan may see petrol prices rise by 5.13 PKR and diesel by 6.80 PKR due to global oil price increases, while foreign reserves improve, signaling potential economic stability.
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