The federal government has announced a mixed fuel price decision that brings some relief to the public while adding pressure on key sectors of the economy. Petrol prices have been kept unchanged, but the price of high speed diesel has been increased for the next 15 days.
According to a notification issued by the Ministry of Energy, the decision was made after recommendations from the Oil and Gas Regulatory Authority. The new prices will take effect from February 1, 2026, and will remain in place for a fortnight.
What Has Changed
Diesel prices have gone up by a noticeable margin. High speed diesel, which is mainly used in transport, agriculture, and industry, has become more expensive. Petrol users, on the other hand, will not see any change at fuel stations for now.
Updated Fuel Prices at a Glance
| Fuel Type | Old Price per Litre | New Price per Litre | Change |
|---|---|---|---|
| Petrol | Rs. 253.17 | Rs. 253.17 | No change |
| High Speed Diesel | Rs. 257.08 | Rs. 268.38 | + Rs. 11.30 |
Why This Matters
Diesel plays a major role in the economy. It is used to run buses, trucks, tractors, and factory machinery. When diesel prices increase, transport costs usually rise. This often leads to higher prices of food and other daily items. That is why diesel price hikes tend to affect the public more broadly, even those who do not own vehicles.
Keeping petrol prices unchanged may help private vehicle owners and commuters, especially in urban areas. However, the diesel increase could still add inflationary pressure in the coming weeks.
Government’s Position
The government stated that fuel prices are reviewed every 15 days based on international market trends and other economic factors. The current prices will be reviewed again after the next fortnight, depending on market conditions.
Frequently Asked Questions (FAQs)
Q1: From when will the new diesel price apply?
The new diesel price will apply from February 1, 2026.
Q2: Has petrol become cheaper?
No. Petrol prices have been kept unchanged at Rs. 253.17 per litre.
Q3: Why was diesel increased but not petrol?
Fuel prices are adjusted based on different cost structures and market factors. The government chose to pass on the increase only to diesel this time.
Q4: How long will these prices remain in effect?
These prices will remain in force for 15 days and will be reviewed again afterward.
Q5: Who will be most affected by the diesel price hike?
Transporters, farmers, and industries are likely to be most affected, which can indirectly impact consumers through higher prices of goods.
Conclusion
The government’s latest fuel price decision offers partial relief by keeping petrol prices stable, but the sharp rise in diesel prices is likely to have wider economic effects. While urban commuters may feel some comfort, the increase in diesel could raise costs in transport and agriculture. As always, the next review after 15 days will be important in determining whether fuel prices move up, down, or stay the same.
Rana Shahriyar is a dedicated content writer and contributor at 8171 Rashan Program. With a strong interest in social welfare programs and government initiatives, his work focuses on delivering clear, reliable, and easy to understand information for the public.