The federal government of Pakistan has announced an increase in petroleum prices for the next fortnight, effective February 16, 2026. Petrol prices have been raised by Rs 5 per litre, bringing the new ex-depot rate to approximately Rs 258.17 per litre, while High-Speed Diesel (HSD) has increased by Rs 7.32 per litre, reaching about Rs 275.70 per litre.
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The price adjustments follow recommendations from the Oil and Gas Regulatory Authority (OGRA) and reflect recent movements in international oil markets along with changes in domestic levies. These rates are set to remain in effect until the next scheduled review.
The increase will impact both consumers and businesses. Higher petrol costs will affect commuting and transport expenses for private vehicle owners and motorcycle users, while the diesel price hike is likely to influence the cost of goods and services due to its widespread use in heavy transport, agriculture, and power generation.
Economic analysts note that these adjustments may put additional pressure on household budgets, particularly as Pakistan approaches the Ramadan season, when demand for transport and goods typically rises.
The government conducts fortnightly reviews of petroleum product prices to ensure domestic rates remain aligned with international trends and operational costs. This latest revision underscores the authorities’ efforts to balance market realities with consumer impact.
