Petrol Prices Likely to Rise from March

ISLAMABAD: (Web Desk) – Prices of petrol and other petroleum products in Pakistan are likely to rise by up to Rs6.88 per litre from March 1, 2026, amid ongoing fortnightly price adjustments.

According to sources, petrol prices are expected to increase by Rs4.58 per litre, while high-speed diesel may become costlier by Rs4.73 per litre. Kerosene oil is likely to see the sharpest jump of Rs6.88 per litre, whereas light diesel oil could rise by Rs5 per litre.

Officials said the preliminary process for revising fuel prices has been completed, and the Oil and Gas Regulatory Authority will forward its recommendations to the Petroleum Division on Saturday.

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After approval by Prime Minister Shehbaz Sharif, the Petroleum Division will formally notify the revised prices for consumers across Pakistan. If approved, the new prices will remain effective from March 1 to March 15, 2026.

Sources said the proposed adjustment was prepared after assessing international oil prices, domestic fuel trends, and market dynamics over the past two weeks. Fuel prices in Pakistan are reviewed every fortnight to balance consumer relief with fiscal needs.

Meanwhile, concerns have emerged over alleged petrol adulteration. Sources revealed that oil refineries and oil marketing companies (OMCs) have been accused of mixing industrial solvents into motor gasoline to boost profit margins. These solvents, typically used in paint and rubber industries, are exempt from the petroleum levy, causing losses to the national exchequer while compromising fuel quality and consumer safety.