What is the current petrol price today in Pakistan? As of March 23, 2026, petrol prices stand at PKR 321.17 per litre, reflecting a significant increase in fuel levies aimed at generating government revenue.
The levy on high-octane fuel has been raised to PKR 300 per litre from PKR 100 per litre. This decision, according to Prime Minister Shehbaz Sharif, is expected to save the government 9 billion rupees monthly, with plans to provide relief to the public from these savings.
In addition to petrol, diesel prices have also seen an increase, currently priced at PKR 335.86 per litre. The latest adjustment in fuel prices occurred on March 6, 2026, when petrol prices rose by PKR 55 per litre.
The increase in high-octane fuel levy is strategically designed to avoid impacting public transport users directly. The government has committed to absorbing the rise in global oil prices through price differential payments to oil marketing companies.
As a consequence of rising fuel costs, domestic flight ticket prices have increased by PKR 2,800 to PKR 5,000, while international flight ticket prices have surged by PKR 10,000 to PKR 28,000, with some routes experiencing hikes of up to PKR 15,000.
Higher fuel costs often lead to increased transportation expenses, which can eventually result in higher prices for consumers across various sectors. The Prime Minister noted that the wealthiest class of the country will bear the load of these increased costs.
Details remain unconfirmed regarding the long-term implications of these price adjustments on the economy and consumer behavior. The government continues to monitor the situation closely as it navigates the complexities of the global oil market.