Pakistan is preparing for a substantial increase in petroleum product prices, with petrol potentially reaching 100 PKR per litre in the near future. The federal government has opted to transfer the escalating global crude oil costs directly to consumers.
Currently, domestic petrol prices are approximately 100 PKR per litre below their import-adjusted value, while diesel prices remain more than 200 PKR per litre underpriced. To address this discrepancy, authorities are expected to announce a significant upward revision, which will add to the financial strain on households already facing inflationary challenges. These revised rates will be implemented following an official government notification.
The sharp price increase is linked to rising tensions in the Middle East, which have pushed crude oil prices higher. Over the past month alone, petroleum product prices in Pakistan have surged dramatically. Petrol prices have climbed by 63 PKR per litre, from 258.17 PKR on February 28, 2026, to 321.17 PKR. Similarly, high-speed diesel prices have increased by 60.16 PKR per litre, rising from 275.70 PKR to 335.86 PKR during the same period.
Should these adjustments be implemented, they will represent one of the most significant month-on-month increases in recent Pakistani history, further exacerbating the cost of living for ordinary citizens. Consumers are advised to prepare for higher fuel expenses as the government finalizes the official announcement.
