Fuel prices in Pakistan are expected to rise starting February 1, following a working paper submitted by the petroleum industry to OGRA.

Petrol prices have slightly decreased recently, but proposals for increases in other petroleum products suggest an overall rise in the coming weeks.

According to initial calculations, petrol prices recorded a minor decrease of 36 paise per litre. Market sources confirmed that while petrol may remain relatively stable, diesel, kerosene, and light diesel are likely to see more substantial hikes.

Sources indicate the following proposed increases:

Diesel: Rs 9.47 per litre
Kerosene: Rs 3.45 per litre
Light diesel: Rs 7 per litre

The working paper with these proposals has been sent to the Oil & Gas Regulatory Authority (OGRA), which will forward it to the government for final approval.

Govt role and tax levy impact

The federal government holds the authority to adjust the tax levy on petroleum products. If the tax is reduced, the final price increase may be minimal. However, the ultimate decision on fuel prices, including any hikes, rests with the Prime Minister’s approval.

Current petrol and diesel prices in Pakistan

As of January 16, 2026, the latest fuel prices are:

Petrol (Super): Rs 253.17 per litre
Diesel: Rs 257.08 per litre