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Petrol Price Likely to Drop Slightly, Diesel Set for Sharp Increase from Feb 1

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Petrol prices may drop slightly while diesel is expected to rise sharply from February 1, 2026, as OGRA submits its latest fuel price recommendations.
Fuel prices in Pakistan are expected to see mixed changes from February 1, 2026, as petrol may become marginally cheaper while high-speed diesel is likely to surge sharply. According to OGRA’s latest working paper, the expected cut in petrol is minimal, whereas diesel and other petroleum products may witness notable price hikes, increasing pressure on transport and household budgets.
As per industry and government sources, petrol prices are expected to decline by around Rs 0.36 per litre, offering only symbolic relief to private motorists.

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