Big News Today: Petrol Price in Pakistan Expected to Change from 16 February 2026

The petrol price in Pakistan expected from 16 February 2026 has become a hot topic across the country. From bike riders to car owners and transporters, everyone is waiting for the next fuel price update. According to early market signals and oil industry reports, petrol prices may slightly decrease, while diesel could remain stable. Although the final decision will come from the federal government, early estimates are giving some hope to the public during these tough economic times.

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Expected Fuel Price Changes from 16 February 2026

Fuel TypeExpected Change
Petrol (Motor Spirit)Likely decrease of Rs. 2 to Rs. 4 per liter
High-Speed DieselMinor reduction or no change
Kerosene OilPrices likely unchanged
Light Diesel OilExpected to stay stable
Announcement Date16 February 2026 (Night)
New Rates Effective16 February 2026

These are expected figures, and final prices may slightly differ once officially announced.

Why Petrol Prices Are Reviewed Every 16 Days

Many people wonder why petrol prices keep changing so often. In Pakistan, fuel prices are reviewed every two weeks under a fixed system.

OGRA checks global oil prices, import costs, and exchange rates. After calculations, a summary is sent to the federal government. The Prime Minister gives final approval before prices are announced at midnight. This system helps the government adjust rates according to international market conditions.

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Petrol Price in Pakistan

How the Government Calculates Petrol Prices

Fuel pricing is not random. A proper formula is followed step by step:

  1. Average global crude oil prices of the last 15 days are calculated
  2. Import and freight charges are added
  3. Petroleum Development Levy (PDL) is included
  4. Oil company margins and dealer commission are added
  5. Final summary is approved and notified

This is why even small changes in the global oil market affect local petrol prices.

Impact of Petrol Price Change on Daily Life

Even a small cut in fuel prices makes a difference for ordinary Pakistanis.

  • Bike & Car Users: Daily commuting costs reduce
  • Public Transport: Bus and wagon fares may stay under control
  • Food Prices: Transport costs affect vegetables and grocery rates
  • Small Businesses: Delivery riders and ride-hailing drivers save fuel money

For middle-class families, every rupee saved matters.

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Current Petrol Price in Pakistan Before 16 February 2026

Fuel CategoryCurrent Price (Approx.)
PetrolRs. 253.17 per liter
High-Speed DieselRs. 268.38 per liter
Kerosene OilRs. 176.81 per liter
Light Diesel OilRs. 154.41 per liter

These rates were kept unchanged in the last review to maintain market stability.

Global Oil Market Influence on Pakistan

Pakistan imports most of its petroleum products. Currently, global crude oil prices are moving around $64–65 per barrel. Improved supply and reduced global demand have slightly lowered international prices. This trend is one major reason experts are expecting relief in the upcoming petrol price review.

Final Thoughts

The petrol price in Pakistan expected from 15 February 2026 may bring small but welcome relief for the public. While the decrease may not be huge, it can still help households manage expenses better. Citizens should wait for the official notification on 14 February night before planning fuel purchases.

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FAQs

1. When will the new petrol price be announced?

The official announcement is usually made late at night on 14 February.

2. Will petrol prices definitely decrease?

No, these are predictions. Final prices depend on government approval.

3. Why is diesel usually more expensive than petrol?

Diesel is used in transport and agriculture and follows a different international pricing system.

4. Is GST applied on petrol in Pakistan?

GST is mostly zero, but the government collects revenue through the Petroleum Development Levy.

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