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Fuel prices to rise from Feb 1, petrol may drop

Published on: January 29, 2026 9:00 PM

Pakistan is set to adjust fuel prices starting February 1, with high-speed diesel expected to rise sharply. Petrol, in contrast, may see a slight reduction, officials said. The changes come amid ongoing inflation pressures affecting households and businesses.

According to sources, high-speed diesel could increase by Rs9.47 per litre, kerosene oil by Rs3.69 per litre, and light diesel oil by Rs6.95 per litre. Petrol prices are likely to fall by 36 paisas per litre. These adjustments follow OGRA’s completed review of petroleum product rates.

Read more: Government maintains fuel prices steady for next fifteen days

The Oil and Gas Regulatory Authority (OGRA) will submit its summary to the Petroleum Division on Thursday. After consultations with the Prime Minister, the ministry will finalize the revised prices. Notifications are expected on January 31, with changes effective from February 1.

Earlier this month, the government kept fuel prices unchanged. On January 15, petrol remained at Rs253.17 per litre, while high-speed diesel was Rs257.08 per litre. This stability followed a significant cut in prices at the end of 2025.

Read more: Petroleum rates may drop from January 16 

On December 31, 2025, the government reduced petrol by Rs10.28 per litre and diesel by Rs8.57 per litre. The new adjustments reflect inflation trends and aim to balance market stability with consumer relief.

Filed Under: Business Tagged With: diesel price, February 2026, fuel prices Pakistan, Latest, OGRA, Petrol price, Petroleum Division

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