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Petroleum prices in Pakistan are expected to increase starting 1st March 2026, pending government approval. According to Arif Habib Limited, the hike could reach up to Rs6.8 per litre.
Motor Spirit (MS) petrol is likely to rise by Rs5.13 per litre, reaching Rs263.30, while high-speed diesel (HSD) could go up by Rs6.8 per litre, reaching Rs282.50.
The proposed increase comes amid a rise in international oil prices, with Arab Light crude up by 2.7%. A slight increase in spreads has also contributed to the overall price hike.
In the previous fortnight, the federal government had already raised HSD to Rs275.7 per litre and petrol to Rs258.17 per litre. Consumers are advised to plan accordingly as the new rates are expected to take effect from March 1, 2026.