Prices of petroleum products are set to increase by a significant margin from March 16, 2026.
That’s according to the latest outlook report by the Chamber of Oil Marketing Companies (COMAC), which guides pricing decisions for oil marketing companies and was seen by Joy Business.
Based on the report, a litre of petrol is expected to increase by 16.93%, while diesel will go up by 17.21%.
LPG, on the other hand, will be increased by 11.26%.
This is about the fourth time since January this year that fuel prices have been projected to rise. However, this is the first time this year that we are witnessing such a significant margin of increase per litre for each petroleum product.
