Petrol price today 16 February 2026

The Government has announced the following  petroleum prices. The Current petrol price today 16 February 2026 is Rs258.17 per litre and Diesel price is Rs 275.70 per litre. The prices of petrol changed after every two weeks and remained constant for a fortnight. The Federal government and The Oil and Gas Authority  set fuel prices today and in the future. The petrol price and diesel price in Pakistan can vary depending upon different factors. 

Current prices Vs Previous petrol prices in Pakistan

Ogra Petrol price in Pakistan

The Oil and Gas Regulatory Authority has set the petrol price at Rs 258.17 per liter and diesel price is at Rs 275.70. This price of petrol and diesel and other fuels is decided by the  government and Oil and Gas Regulatory and authority stabilize fuel costs fluctuating global oil prices .

Aramco Petrol Price

Aramco is the Saudi Arabian oil giant, has established a presence in Pakistan through a 40% stake acquisition in Gas & Oil Pakistan Ltd (GO). Today petrol price is Rs 258.17 and the retailer price at  Aramco petrol price is Rs 259.65 per liter. Aramco has since launched its first branded retail petrol station in Lahore, marking its entry into Pakistan’s fuel retail market. This partnership aims to bring premium fuels, lubricants, and automotive services to Pakistan, along with modern convenience stores for citizens.

To know about : Aramco fuel prices in Pakistan 

Carbon Levy on Petrol price Update

Despite global indicators supporting a price cut the government’s carbon levy policy remains the biggest factor that could impact the final fuel rates. Earlier this year Pakistan introduced a carbon levy on petrol and diesel as part of environmental and IMF driven fiscal reforms. This charge is imposed and is separate from the petroleum levy and GST.

Factors impacting the petrol prices

Impact  on Economy

Petrol and diesel prices significantly affect the overall economy of Pakistan by influencing various economic indicators. 

Impact on Transportation

Government decrease diesel price  and unchanged petrol price again for next two weeks as the consumers and transportations issues decrease by the decrease in diesel price .This prices of fuel increase or decrease for the taxes and levies to meet  the country circumstances and imposing the taxes on the prices

Impact on Inflation: Increased petrol and diesel  prices lead to higher transportation costs and reducing household purchasing power and driving inflation.

Impact on Consumer Spending: Rising petroleum costs affect consumers spending also and strain budgets, forcing consumers to limit spending.

Business Costs: As petrol and diesel prices rise, businesses face increased transportation costs, which may lead to higher product prices for consumers.

Shifting to Energy Efficient Vehicles in Pakistan : Higher petrol and diesel  prices encourage the use of public transport and the energy efficient vehicles which leads to  potentially lowering long term fuel costs.

Impact on Trade Balance: High fuel prices can increase import bills and external debt, affecting a country’s trade balance and currency exchange rates.

Conclusion 

Petrol price today 16 February 2026 is at Rs 258.17 per liter and Diesel price is at Rs 275.70 per liter by the approval of Government of Pakistan. The petrol price and diesel price in Pakistan can vary depending upon different factors. It includes the policies and rules of  government .

FAQ’s

What is Petrol price today 16 February 2026 ?

The petrol price today 16 February 2026 is Rs 258.17 per liter 

What is the diesel price today in Pakistan ?

The diesel rate today is Rupees 275.70 per liter in Pakistan.

What is the previous petrol price in Pakistan ?

Previous Petrol price on 1st February 2025 in Pakistan is Rs 253.17 per liter 

What is the price of Light Diesel Oil today ?

The price of light diesel oil is Rupees 160.70 per liter.