The Chamber of Petroleum Consumers (COPEC) has issued a forecast that petrol, diesel and liquefied petroleum gas (LPG) prices are expected to rise from Wednesday, September 16, 2026. COPEC’s latest ex‑pump projection indicates that petrol prices could climb between 7.75% and 9.63%.
Diesel is projected to increase by 4.26% to 6.97%, while LPG could see a modest rise of 0.85% to 3.22%. The agency attributes the changes mainly to rising global crude oil and refined petroleum product prices.
COPEC notes that the government–industry intervention will partly cushion consumers against the full impact on diesel prices. The forecast comes ahead of the second‑half September pricing window, meaning motorists and other petroleum product users may face higher costs at the pumps if the adjustments materialise.
Higher fuel prices are likely to exert renewed pressure on transport and business operating costs, as the cost of moving people and goods directly affects the economy. Stakeholders are advised to prepare for the potential hike in fuel expenses.
