Petroleum prices in Pakistan are expected to change again from the start of February 2026, with most fuel items likely to become more expensive, according to market expectations.
Industry insiders say the upcoming price revision may bring mixed news for consumers. Petrol prices are expected to remain largely stable, with only a very small cut possible. However, other fuels used for transport, industry, and household needs are likely to see noticeable increases.
High-speed diesel, which is widely used in transport and agriculture, is expected to record the sharpest rise. This increase could add pressure on transport costs and eventually affect prices of goods across the country.
Light diesel oil and kerosene oil are also expected to become more expensive, which may impact industries and low-income households that rely on these fuels.
Officials familiar with the process said the Oil and Gas Regulatory Authority has completed its initial price calculations based on international oil trends and local economic factors.
The pricing proposal is expected to be sent to the relevant authorities by the end of January. After review and approval at the federal level, the final prices will be announced officially.
The revised fuel rates, once approved, will apply for the first half of February. In the previous price review, the government had chosen to keep petrol and diesel prices unchanged, citing market stability and domestic conditions.
Analysts say frequent changes in global oil prices and currency movements continue to influence Pakistan’s fuel pricing. Consumers are advised to stay alert as even small adjustments in fuel prices can have a wider impact on daily expenses and transportation costs.
