Petroleum prices in Pakistan are likely to rise with effect from March 1, 2026, for the next fortnight due to increasing oil prices in the international market amid geopolitical tensions, it was reported on Friday.
According to details, proposed adjustments indicate that the price of petrol may increase by Rs5.13 per liter, pushing the new price to approximately Rs263.30 per liter.
Similarly, high-speed diesel is projected to see a rise of Rs6.80 per liter, potentially reaching Rs282.50 per liter.
Globally, the price of one barrel of Brent oil is increased by 3.20 percent for the next two weeks. The price of one barrel of Brent oil has reached to $70.37 from $68.18.
Additionally, the slight rise in import spreads has contributed to the overall increase in domestic fuel prices.
In the last review, the federal government had set the price of high-speed diesel at Rs275.70 per liter and petrol at Rs258.17 per liter.
