Petroleum product prices are likely to rise this week, with revised rates expected to take effect from 1st March 2026 if approved by the government. The proposed increase could go as high as Rs. 6.8 per litre, according to Arif Habib Limited.
The price of Motor Spirit (MS) petrol is expected to increase by Rs. 5.13 per litre to Rs. 263.30 per litre. Meanwhile, the rate on high-speed diesel (HSD) is expected to increase by Rs. 6.8 per litre to Rs. 282.50 per litre, effective 1st March 2026.
The increase in petroleum prices is mainly due to a rise in international oil prices, with Arab Light crude increasing by 2.7 percent. A slight increase in spreads also contributed to the overall price hike.
In the previous fortnight, the federal government increased the HSD price to Rs. 275.7 per litre and Rs. 258.17 per litre for petrol.
That’s good news, thank you for the information! Now we’ll buy some extra petrol today.
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