The people of Pakistan are waiting for the new petrol and diesel prices for the first 15 days of February 2026. On January 31, 2026, everyone is looking to the government for the final decision. There is big news regarding the price of High-Speed Diesel and Petrol. Petrol users might get a little relief or see no change, while diesel users are likely to face a major increase.
| Product Name | Expected Change (Per Litre) |
|---|---|
| Petrol (Motor Spirit) | Decrease by Rs 0.36 or Remain Stable |
| High-Speed Diesel (HSD) | Increase by Rs 9.47 |
| Light Diesel Oil (LDO) | Increase by Rs 6.95 |
| Kerosene Oil (SKO) | Increase by Rs 3.69 |
| Current Petrol Price | Rs 253.17 |
| Current Diesel Price | Rs 257.08 |
| Notification Date | 31st January 2026 |
| Effective Date | 1st February 2026 |
Petrol Price Prediction for February 2026
The most important question is about the new rates. Reports from the oil industry suggest that petrol prices will not increase this time. There is even a chance they might go down slightly.
- Sources say petrol prices might reduce by Rs 0.36 per litre.
- If no reduction, petrol will remain at Rs 253.17 per litre.
- This provides relief for motorcycle and car owners worried about rising fuel costs.
- The final decision will be made by the Prime Minister of Pakistan.
OGRA Summary for Petrol and Diesel Rates
The Oil and Gas Regulatory Authority (OGRA) calculates fuel rates based on international market trends and currency exchange rates.
- High-Speed Diesel (HSD) is expected to increase by Rs 9.47 per litre.
- Kerosene Oil (SKO) may rise by Rs 3.69 per litre.
- Light Diesel Oil (LDO) may increase by Rs 6.95 per litre.
- Petrol prices are likely to remain stable or slightly decrease.
Why Diesel Prices Are Increasing
Diesel prices are rising faster than petrol due to international market conditions and Rupee depreciation. Diesel is critical for trucks, buses, and industrial use, so price changes affect the economy directly.
- Global diesel prices have increased recently.
- Pakistan imports a large portion of diesel, raising costs.
- Currency depreciation affects imported fuel prices.
- The government passes these costs to consumers.
Current Petrol Rates in Pakistan (January 2026)
Before new prices are announced, the rates for the last 15 days (Jan 16–31) were stable:
- Petrol: Rs 253.17 per litre
- High-Speed Diesel: Rs 257.08 per litre
- Light Diesel Oil: Rs 146.18 per litre
- Kerosene Oil: Rs 170.88 per litre
Additional Table: Fuel Impact on Daily Life
| Area | Petrol Impact | Diesel/LDO/SKO Impact |
|---|---|---|
| Commuters | Minor relief | None |
| Trucks & Transport | Stable | Higher costs (Rs 9.47 increase) |
| Farmers | Minimal | Increased cost of diesel & LDO |
| Industry | Stable | Increased production costs |
| Public Transport | Stable fares | Possible fare hikes |
| Freight & Goods | Stable | Higher transportation costs |
| Export Sector | Stable | Lower profit margins due to diesel |
| Household Fuel | Minimal | Slight increase in SKO use |
Impact of Fuel Prices on Common Man
Fuel price changes affect transportation, goods, and household expenses. Diesel hike of Rs 9.47 will increase truck and trailer costs, affecting vegetables and goods. Public transport fares may rise slightly. Farmers using LDO and Kerosene will face higher costs. Petrol stability provides relief to city commuters.
Official Notification Time and Date
The government announces new prices at the end of the month. The Ministry of Finance finalizes rates after consulting the Prime Minister.
- Notification expected on 31st January 2026.
- Usually broadcast on TV news between 10:00 PM and 11:59 PM.
- New rates effective from 12:00 AM on 1st February 2026.
- Check official rates on the Pakistan State Oil (PSO) website.
Conclusion
The Upcoming Petrol Price 1st February 2026 brings mixed news. Petrol users may relax as prices will likely drop slightly or stay the same, while diesel users should prepare for a major increase of Rs 9.47 per litre. These changes are based on international market trends and import costs and will apply for the first 15 days of February 2026.
FAQS:
Will petrol prices increase on 1st February 2026?
No, petrol prices may decrease slightly or remain stable at Rs 253.17 per litre.
How much will diesel prices increase?
High-Speed Diesel (HSD) is expected to increase by Rs 9.47 per litre.
When will the government announce the new petrol prices?
Official notification is expected on 31st January 2026, effective from 12:00 AM on February 1, 2026.
Why are diesel prices increasing more than petrol?
Diesel prices are rising due to higher international diesel rates, import premiums, and Rupee depreciation.
This article is for informational purposes only. SmartFixers.pk is not an official government website and is not affiliated with any government department. Readers are advised to verify all information from official government sources before taking any action.
Our editorial team publishes original and informational content for educational purposes only.
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