Petrol Remains Unchanged, Diesel Price Hiked by Over Rs. 11

The government of Pakistan has just announced a major revision in the petroleum prices for the first fortnight of February 2026. This update, as released by the Ministry of Energy (Petroleum Division), brings some relief to those who are consuming petrol, but it brings concern to those who rely on diesel. Let’s dig into the specifics on the updated rates and take a look at what they might mean for your pocket.

What’s Changing in the Fuel Prices?

Effective February 1, 2026, the price of Motor Spirit (Petrol) has remained as before. The price of High-Speed Diesel (HSD) has increased significantly. Here is a detailed comparison between the current and the new rates:

Why Is Diesel Price Going Up?

The increase in the price of diesel by Rs. 11.30 a liter is a result of fluctuation in the global oil market. While today’s petrol price is stable, we can expect the rise in diesel price to take its toll in sectors dependent on the use of diesel-powered vehicles (especially transport and agriculture).

Impact on the Economy and Your Budget

This price hike will impact transport costs, such as freight and public transport fares. Those who are dependent on their diesel-powered means of transport to run businesses or commute may feel the pinch in cost. On the other hand, the no-change policy on petrol does provide some sort of relief, especially for commuters on motorcycles and small cars.

What Does This Mean for You?

If you mainly use petrol, the current price information today won’t make a major difference in taking money out of your pocket. However, if you depend on diesel for travel or business, the price increase is likely to see the cost of things rise in the coming weeks. It includes the prices of goods and fares on public transport.

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