Expected Petrol Prices in Pakistan from 15 February 2026

Everyone in Pakistan is closely watching the upcoming petrol price announcement. Fuel prices are reviewed after every 15 days, and the next update is due on 15 February 2026. Petrol and diesel prices directly affect transport fares, food costs, and overall inflation, which is why even a small change matters for the common citizen.

At the moment, there is hope that petrol prices may decrease slightly. This expectation is based on stable global crude oil prices and a steady Pakistani Rupee. Below is a clear and simple overview of what experts are predicting.

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Expected Petrol Price Change Summary (15 February 2026)

Feature	Details
Review Date	15 February 2026
Current Petrol Price	Rs. 260.50 per liter
Expected Petrol Change	Decrease of Rs. 2 to Rs. 4
Expected Diesel Change	Decrease of Rs. 1.5 to Rs. 3
Global Oil Trend	Slightly falling
PKR vs USD	Stable
Petroleum Levy	Rs. 60 per liter
Final Authority	Ministry of Finance & OGRA

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Current Petrol Price Trends in Pakistan

Over the past few weeks, petrol prices in Pakistan have remained high. However, recent market signals suggest that prices may ease slightly in mid-February. The Oil and Gas Regulatory Authority (OGRA) calculates prices based on the average cost of imported fuel over the last 15 days.

Key points behind the current trend include:

Prices are reviewed twice a month to manage sudden shocks
International crude oil prices have shown a mild decline
Fuel demand remains high due to transport and agriculture needs
Global oil supply has improved compared to previous months

Because of these factors, analysts believe there is room for a small reduction in both petrol and diesel prices.

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Factors Affecting New Petrol Prices in Pakistan

Petrol prices are not decided by oil prices alone. Several economic and administrative factors are added before the final price reaches consumers. The government must balance public relief with revenue needs.

Major factors include:

Dollar Exchange Rate: Oil imports are paid in US Dollars, so a stable Rupee helps control prices
Import and Freight Costs: Shipping, insurance, and port charges increase the final cost
Dealer and Company Margins: Petrol pumps and oil companies receive fixed margins
Inflation Pressure: High inflation limits the government’s ability to reduce prices

If the Rupee continues to remain stable, petrol prices are less likely to increase sharply.

Impact of Global Crude Oil Market on Pakistan

Pakistan depends heavily on imported oil, which means global market trends strongly influence local fuel prices. Any major international event, such as conflict or supply disruption, can push prices up instantly.

Currently, the global crude oil market shows a downward trend due to:

Increased oil production in some regions
Stable demand in major economies
No major supply disruption reported recently
Improved global stock levels

When international oil prices fall, OGRA reflects this change in its recommendations. However, the impact appears after averaging prices over 15 days.

Government Taxes and Petroleum Levy Explained

Even when global oil prices decrease, local prices may stay high because of government taxes. The Petroleum Levy (PL) is a major component added to fuel prices and is used to generate revenue.

Important points about fuel taxes:

Petroleum Levy is currently capped at Rs. 60 per liter
Sales tax and customs duties are also included
Government sometimes maintains high taxes to meet budget targets
Any tax relief directly lowers fuel prices for consumers

According to the Ministry of Finance, taxes are necessary for economic stability, but public pressure often increases before price reviews. Official updates are published on the Ministry’s website:
https://www.finance.gov.pk

Official Petrol Price Announcement Process

The official petrol price announcement is usually made late at night on 14 February 2026. After receiving OGRA’s summary, the Ministry of Finance issues a notification, and new prices take effect from 12:00 AM on 15 February across Pakistan.

People are advised not to rely on social media rumors and wait for the official notification, as the Prime Minister has the final authority to approve or adjust the recommended prices.

Conclusion

Petrol prices in Pakistan are expected to see a small decrease from 15 February 2026, mainly due to stable global oil prices and a steady Rupee. While the reduction may not be large, even a slight cut can help control transport costs and inflation. Government taxes, global trends, and currency stability all play a key role in final pricing. The exact rates will be confirmed through the official notification on the night of 14 February.

Frequently Asked Questions (FAQs)

Q1: When will the new petrol prices be announced?
The official announcement is expected on the night of 14 February 2026.

Q2: Why does Pakistan change petrol prices every 15 days?
Prices are reviewed twice a month to adjust for changes in global oil markets.

Q3: Will diesel prices also decrease?
Yes, diesel prices are also expected to decrease slightly along with petrol.

Q4: Where can I check the official petrol price notification?
You can check updates on the Ministry of Finance website or major national news channels.