Petrol and Diesel Prices Expected to Rise on March 1

Petroleum product prices in Pakistan are likely to increase this week, with revised rates expected to take effect from 1st March 2026, pending government approval. According to Arif Habib Limited, the proposed increase could reach up to Rs. 6.8 per litre.

Petrol and Diesel Rates

  • Motor Spirit (MS) Petrol is expected to rise by Rs. 5.13 per litre, bringing the price to Rs. 263.30 per litre.

  • High-Speed Diesel (HSD) may increase by Rs. 6.8 per litre, reaching Rs. 282.50 per litre.

Reason for Price Increase

The rise in petroleum prices is mainly attributed to an increase in international oil prices, with Arab Light crude up 2.7%. A slight increase in spreads has also contributed to the hike.

For comparison, in the previous fortnight, the government raised HSD prices to Rs. 275.7 per litre and petrol to Rs. 258.17 per litre.

spot_img

Related articles

M-12 Motorway Back on Track After Years of Delay in Pakistan

The long-delayed M-12 Motorway project in Pakistan has been...

Car Financing Surges to Rs. 345 Billion Marking 16 Months of Continuous Growth

Car financing in Pakistan has shown remarkable strength, surging...

Ufone Nationwide Service Disruptions Due to Loadshedding Across Pakistan

Ufone users across Pakistan are facing service interruptions as...

FBR Reduces Islamabad Property Valuation Rates by Up to 30%

FBR Reduces Islamabad Property Valuation Rates by Up to...
spot_img