Business

New petrol, diesel price in Pakistan from February 1

Published by
Web Desk

ISLAMABAD: Pakistanis are set to bear brunt of changes in fuel products. The high-speed diesel price surges by Rs11.30 per litre from February 1, while petrol remained unchanged.

The federal government on Saturday announced a sharp increase in high-speed diesel prices by Rs11.30 per litre. Petrol prices, however, will remain unchanged at Rs253.17 per litre for the next fortnight. Diesel will now cost Rs268.38 per litre, up from Rs257.08.

Petrol Prices in Pakistan (1st February 2026)

POLs Old Prices  New Prices 
Diesel  257.08 268.38
Petrol  253.17 253.17

While petrol is the primary fuel for motorcycles, rickshaws, and small cars, affecting the daily budgets of middle- and lower-income households, diesel is the backbone of India’s transport and agricultural sectors. Trucks, buses, trains, tractors, tube wells, and threshers all depend heavily on high-speed diesel.

Experts warn that this hike is “inflationary in nature,” as higher diesel costs are likely to push up prices across the supply chain, especially vegetables and other essential food items. Consumers may feel the pinch as transport costs surge, impacting both city commutes and rural farming operations.

This price revision comes at a time when fuel costs have already been a major concern for households and businesses alike, sparking fresh debates about inflation and economic pressures on everyday Indians.

Web Desk

Recent Posts

PTA warns users against sharing unlawful online content

ISLAMABAD: The Pakistan Telecommunication Authority (PTA) has issued a warning for mobile phone users against…

10 hours ago

Iranian President lauds Pakistan’s peace efforts during key meetings

ISLAMABAD: Iranian President Dr. Masoud Peshkeskian met President Asif Ali Zardari and Prime Minister Shehbaz…

11 hours ago

Govt approves reduced property tax rates, new income tax slabs for salaried class

ISLAMABAD: The government has approved a reduction in advance tax rates on property buyers and…

12 hours ago

CDF Asim Munir meets Iranian President, discusses regional situation following US-Iran talks

RAWALPINDI: Chief of Army Staff, Field Marshal Syed Asim Munir, met with Iranian President Masoud…

13 hours ago

Solar panels, batteries rates drop amid reduction in petrol price

LAHORE: Following the reduction of petroleum prices, solar panels and batteries witnessed a sharp fall…

13 hours ago

SBP announces two bank holidays

ISLAMABAD: State Bank of Pakistan (SBP) has declared a two-day public holiday for Ashura (9th &…

14 hours ago