Petrol Price Hiked Today – Government Raises Fuel Rates for Next Fortnight
The government has announced a fresh petrol price hike for the next fortnight, increasing fuel rates across the country. The new prices have been issued through an official notification after recommendations from the Oil and Gas Regulatory Authority (OGRA).
Fuel prices in Pakistan are reviewed every 15 days. This latest revision has once again raised concerns among citizens who are already facing inflation and rising living costs.
Many people are searching online for:
- Petrol price today in Pakistan
- Latest fuel rates update
- Diesel price increase news
- OGRA petrol notification
- Fuel price in Pakistan February 2026
In this detailed article, we will explain the new fuel prices, reasons behind the increase, impact on the economy, and what citizens can expect next.
New Petrol and Diesel Prices for the Next 15 Days
Under the latest notification:
🔹 Petrol (Motor Spirit)
- Increased by Rs. 5 per litre
- New Price: Rs. 258.17 per litre
🔹 High-Speed Diesel (HSD)
- Increased by Rs. 7.32 per litre
- New Price: Rs. 275.70 per litre
These revised prices will remain effective for the next 15 days, after which another review will take place.
Why Did Petrol Prices Increase Today?
Fuel prices in Pakistan depend on several factors:
1️⃣ International Oil Prices
Pakistan imports a large portion of its petroleum products. When global crude oil prices rise, local fuel prices also increase.
2️⃣ Exchange Rate Fluctuation
Oil is purchased in US dollars. If the Pakistani rupee weakens, fuel import costs increase.
3️⃣ Government Taxes and Levies
Petroleum levy and sales tax are major components of petrol prices.
4️⃣ Transportation and Distribution Costs
Freight charges and dealer commissions also impact final prices.\
Role of OGRA in Petrol Price Revision
The Oil and Gas Regulatory Authority (OGRA) reviews:
- Global oil trends
- Import cost calculations
- Exchange rate impact
- Inland freight margin
After reviewing these factors, OGRA sends recommendations to the Petroleum Division, which issues the final notification.
Impact of Petrol Price Hike on Daily Life
The increase in fuel prices directly affects common citizens.
1️⃣ Increase in Transportation Costs
Public transport fares may rise. Ride-hailing services may also revise their rates.
2️⃣ Higher Food Prices
Diesel is used in trucks that transport goods across Pakistan. When diesel prices increase, food and grocery prices may also rise.
3️⃣ Inflation Pressure
Fuel prices play a major role in inflation. Higher petrol prices increase the cost of production and transportation.
Diesel Price Increase – Bigger Economic Impact
Diesel is widely used in:
- Trucks and buses
- Agriculture machinery
- Generators
- Industrial equipment
Because diesel is connected to the supply chain, its price increase often impacts the economy more than petrol.
The Rs. 7.32 increase in diesel per litre is considered significant.
Public Reaction to Fuel Price Hike
Citizens have expressed concern over:
- Rising fuel costs
- Increasing transport fares
- High grocery bills
- Reduced purchasing power
Middle-class families and daily wage earners are expected to feel the pressure most.
Government’s Perspective on Fuel Adjustment
The government argues that fuel prices must reflect:
- International market trends
- IMF program requirements
- Economic realities
Officials state that regular reviews ensure transparency and financial stability.
Will Petrol Prices Increase Again?
Fuel prices are reviewed every 15 days. The next revision will depend on:
- International crude oil market
- Exchange rate stability
- Government policy decisions
Prices may increase or decrease depending on global trends.
How Citizens Can Manage Rising Fuel Costs
Here are some practical tips:
- Use public transport when possible
- Carpool with colleagues
- Maintain vehicle engine for better mileage
- Avoid unnecessary travel
- Use fuel-efficient driving habits
Small adjustments can help reduce monthly fuel expenses.
Fuel Price Trends in 2026
Fuel prices have remained unstable due to:
- Global geopolitical tensions
- Oil production cuts
- Fluctuating currency rates
- Domestic tax adjustments
Many Pakistanis regularly check updates about:
- Latest petrol price Pakistan
- Diesel rate today
- Fuel price forecast
- OGRA petrol notification update
Conclusion
The latest petrol price hike for the next fortnight has once again increased financial pressure on citizens. With petrol now priced at Rs. 258.17 per litre and diesel at Rs. 275.70 per litre, transportation and daily living costs are expected to rise.
While the government states that fuel prices reflect international market conditions, the public continues to face inflation challenges.
The next review in 15 days will determine whether prices stabilize or change again. Until then, consumers and businesses must adjust to the revised fuel rates.
