Petrol prices may see major hike from Feb 1
ISLAMABAD: The future of petrol prices in Pakistan remains uncertain, with experts warning of continued volatility due to global oil market fluctuations, geopolitical tensions, and currency pressure.
According to energy analysts, international crude oil prices are expected to remain sensitive to ongoing developments in the Middle East and supply chain disruptions. Any escalation in global tensions could directly impact Pakistan’s import costs, leading to further adjustments in domestic fuel prices.
Economic experts also highlight that the depreciation of the Pakistani rupee against the US dollar and changes in petroleum levies will continue to play a key role in determining future petrol rates. While short-term relief or stability is possible, the overall trend suggests frequent price revisions in the coming months.
However, if global oil supply stabilizes and regional tensions ease, Pakistan may see temporary relief or slower increases in fuel prices.
The government has announced new petrol prices in Pakistan. The new petrol prices will come into effect from 25 April 2026.
The government has increased the price of petrol and diesel by 26 rupees each.
Following the increase, the price of HSD has jumped from Rs353.42 to Rs380.19, while the petrol price now stands at Rs393.35.
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