New Petrol Price in Pakistan from Today (16 January 2026) for Two Weeks — Latest Update
ISLAMABAD, 16 January 2026 — The Government of Pakistan has announced the latest petrol and diesel prices for the upcoming fortnight, effective from today (16 January 2026). In an official notification issued by the Petroleum Division, fuel prices — including petrol and high-speed diesel (HSD) — will remain unchanged for the next 15 days, amid ongoing global market volatility and efforts to balance consumer relief with fiscal stability.
Unlike earlier expectations of a possible price cut following global oil price dips, authorities have decided to keep the rates steady. This decision provides price predictability for consumers and transport sectors after the relief at the start of the year.
New Petrol & Diesel Prices — 16 January 2026 to 31 January 2026
Here are the latest official rates that will stay in effect from today, 16 January 2026, until the next review:
| Fuel Type | Price Per Litre (PKR) |
|---|---|
| Petrol (Motor Spirit) | Rs 253.17 |
| High-Speed Diesel (HSD) | Rs 257.08 |
| Kerosene Oil | Rs 170.88 (Approximately) |
| Light Diesel Oil (LDO) | Rs 146.18 (Approximately) |
*Kerosene oil and LDO figures based on current market rates; final notification focuses on POL and HSD.
Why Prices Remain Unchanged
The decision to keep petrol and diesel prices unchanged comes after a thorough review of global oil prices, currency exchange rates, and local inflationary pressures. Despite projections earlier this month that fuel prices might be reduced due to falling crude markets, the government opted for stability following consultations with the Oil & Gas Regulatory Authority (OGRA).
Transporters and commuters had hoped for a further drop after significant cuts at the start of January 2026. But the current notification ensures that daily travel costs remain predictable for the next two weeks.
Next Price Review
Fuel prices in Pakistan are reviewed fortnightly — typically on the 1st and 16th of each month. The next round of revisions is expected on 1 February 2026, after assessing international crude rates and the rupee-dollar exchange movement.
