Petroleum prices in Pakistan are expected to increase in the coming days, with revised rates likely to take effect from March 1, 2026, subject to government approval. Market estimates suggest the hike could reach up to Rs6.8 per litre.

According to projections shared by Arif Habib Limited, the price of motor spirit (petrol) may rise by Rs5.13 per litre, taking it to Rs263.30 per litre. High-speed diesel is expected to see a steeper increase of Rs6.8 per litre, pushing its price to around Rs282.50 per litre.

The anticipated increase is largely attributed to higher international oil prices. Arab Light crude has reportedly climbed by about 2.7 percent over the pricing review period, while a marginal rise in international spreads has also added upward pressure on domestic fuel rates.

In the previous pricing cycle, the federal government had raised the price of high-speed diesel to Rs275.70 per litre, while petrol was increased to Rs258.17 per litre.

If approved, the new prices would add to inflationary pressures, particularly affecting transport costs and overall consumer expenses.