Petrol Price in Pakistan Today: Latest Rates & Major Updates for March 2026
The fuel landscape in Pakistan has seen significant shifts this month. Following the recent geopolitical tensions and fluctuations in the global oil market, the Government of Pakistan has revised the petroleum prices, marking one of the steepest hikes in recent history.
As of March 25, 2026, here is the complete breakdown of the current fuel prices and the reasons behind the sudden surge.
Current Fuel Prices in Pakistan (Updated March 2026)
The federal government recently approved an increase of Rs. 55 per litre for both petrol and diesel. Here are the official retail prices effective across the country:
| Fuel Type | Old Price (PKR) | New Price (PKR) | Change |
| MS Petrol (Super) | Rs. 266.17 | Rs. 321.17 | + Rs. 55 |
| High-Speed Diesel (HSD) | Rs. 280.86 | Rs. 335.86 | + Rs. 55 |
| Light Diesel Oil (LDO) | Rs. 302.52 | Rs. 302.52 | No Change |
| Kerosene Oil | Rs. 358.01 | Rs. 358.01 | No Change |
Special Update: High-Octane Levy Hike
In a separate move, Prime Minister Shehbaz Sharif has approved a massive 200% increase in the petroleum levy on High-Octane fuel, which is primarily used in luxury vehicles. The levy has jumped from Rs. 100 to Rs. 300 per litre, pushing the retail price of High-Octane to approximately Rs. 535–589 per litre depending on the city.
Why are Petrol Prices Increasing?
Several factors have contributed to this record-breaking hike in March 2026:
Global Oil Volatility: Ongoing conflicts in the Middle East and disruptions in the Strait of Hormuz have pushed international crude oil prices to a two-year high (approx. $115 per barrel).
Supply Chain Issues: The government has recently formed a monitoring committee to ensure the "uninterrupted availability" of fuel as global supply lines remain under pressure.
Fiscal Policy: To meet revenue targets and manage the fiscal deficit, the government has maintained high petroleum levies on motor spirit.
Is there a Shortage of Petrol in Pakistan?
According to the latest briefing by the Finance Ministry on March 24, 2026, Pakistan has largely secured its petrol and diesel cargoes for the remainder of March and April. Currently:
Petrol Reserves: 27 days
Diesel Reserves: 21 days
The government has assured the public that there is no need for panic buying as stocks are sufficient.
Conclusion
While the global situation remains uncertain, the current prices are expected to remain stable until the next fortnightly review on April 1st, 2026. Motorists are advised to plan their travels accordingly as the ripple effect of these prices may soon impact public transport fares and daily commodities.
Stay tuned to our blog for the next fuel price notification!
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