ISLAMABAD: The Government of Pakistan has raised petrol and high‑speed diesel (HSD) prices for the fortnight beginning February 16, 2026, dealing another blow to consumers already grappling with rising costs ahead of the holy month of Ramazan. According to the Petroleum Division’s latest fortnightly review, petrol prices have been increased by Rs. 5 per litre, bringing the new rate to Rs. 258.17 per litre, while diesel prices were raised by Rs. 7.32 per litre to Rs. 275.70 per litre.
The hike follows consistent reviews based on recommendations from the Oil and Gas Regulatory Authority (OGRA) and movements in global crude oil markets. Petrol and diesel prices had been stable through mid‑January and early February, but recent international price pressures and exchange rate effects pushed the government to adjust rates.
Fuel price adjustments directly affect transport, logistics, and household budgets across Pakistan. Diesel, which powers heavy transport and agricultural machinery, has a particularly significant impact on inflation and supply chain costs. The February 16 revision marks a continued trend of petrol and diesel cost fluctuations in 2026.
Pakistan Petrol & Diesel Price Movement in 2026
Below is the latest fuel price movement for petrol and diesel in Pakistan, including PKR changes and percentage changes compared to previous rates:
| Date | Petrol Price (Rs/L) | Diesel Price (Rs/L) | PKR Change (Petrol) | PKR Change (Diesel) | % Change (Petrol) | % Change (Diesel) |
|---|---|---|---|---|---|---|
| Jan 1, 2026 | 253.17 | 257.08 | — | — | — | — |
| Jan 15, 2026 | 253.17 | 257.08 | 0.00 | 0.00 | 0.00% | 0.00% |
| Feb 1, 2026 | 253.17 | 268.38 | 0.00 | +11.30 | 0.00% | +4.40% |
| Feb 16, 2026 | 258.17 | 275.70 | +5.00 | +7.32 | +1.98% | +2.73% |
Key Highlights:
- Petrol price at Rs. 258.17 per litre as of Feb 16, 2026, marking a Rs. 5 increase from Jan 1 prices.
- Diesel has risen sharply to Rs. 275.70 per litre — a PKR +18.62 increase compared to Jan 1, with transport and logistics likely to feel cost pressures.
- Early February saw diesel jump by Rs. 11.30 per litre while petrol stayed unchanged at Rs. 253.17 per litre.
- Consumers and businesses are advised to monitor further changes, as fuel prices in Pakistan are reviewed every fortnight in response to global market trends, exchange rate volatility, and fiscal policy adjustments.
