ISLAMABAD: Amid con­cerns over oil supply and fears of shortages in the coming days, the government on Saturday inc­reased the price of petrol by Rs8 per litre, while the diesel price was raised by Rs5.16 per litre for the next fortnight, up to March 15.

As international markets have inched upwards, the government increased the prices based on calculations made by the Oil and Gas Regulatory Aut­hority (Ogra).

The new per-litre price of petrol is Rs280.86 and Rs266.17 for diesel. Howe­ver, despite the war in the Middle East region, the oil industry as­s­u­red the government that Pakistan holds ample sto­cks of crude oil and petroleum products and that there is no immediate risk of supply disruption des­pite the evolving security situation in the Gulf region.

Officials told a meeting cha­ired by the petroleum minister and the fin­ance minister that the overall stock position of crude and petroleum products in the counrty remained comfortable.

Published in Dawn, March 1st, 2026