ISLAMABAD: The federal government has announced a new Petrol Price in Pakistan. An official notification confirmed an increase in both petrol and high-speed diesel rates.
Under the revised rates, the Petrol Price has been raised by Rs. 8 per litre. The new rate now stands at Rs. 266.17 per litre. The increase took effect immediately after the announcement.
High-speed diesel has also become more expensive. The price of diesel has gone up by Rs. 5.16 per litre. The new diesel rate is Rs. 280.86 per litre.
Officials said the revision was made after reviewing international oil market trends. Exchange rate fluctuations also played a role in the adjustment. The government reviews fuel prices regularly based on global changes.
Earlier reports had already indicated a possible increase. On February 27, media outlets reported that the Petrol Price was expected to rise from March 1, 2026. Estimates suggested an increase of up to Rs. 6.88 per litre for petroleum products.
According to earlier projections, petrol was likely to increase by Rs. 4.58 per litre. High-speed diesel was expected to rise by Rs. 4.73 per litre. However, the final adjustment announced on Saturday was slightly higher for petrol.
The latest Petrol Price hike is expected to impact transportation costs. It may also affect the prices of essential goods across the country. Diesel is widely used in the transport and agriculture sectors.
Consumers have expressed concern over the rising fuel costs. Economic experts say higher fuel prices can increase inflation. However, officials maintain that adjustments are linked to global oil prices.
The government has not announced any relief measures at this stage. Further changes may depend on future movements in international markets.
The new Petrol Price and diesel rates will remain in effect until the next review. Authorities are expected to reassess petroleum prices in the coming weeks
In other news read more about Petrol Prices in Pakistan Likely To Rise in March 2026
For now, motorists and businesses will have to adjust to the latest increase in fuel costs.
