The federal government has increased petrol and high-speed diesel prices in Pakistan, with the revised rates taking effect on Wednesday, October 21, 2026. Petrol has become more expensive by Rs0.88 per litre, while high-speed diesel (HSD) has increased by Rs0.53 per litre.
According to a notification issued by the Petroleum Division, the latest adjustment brings petrol to Rs382.02 per litre and diesel to Rs389.80 per litre. The revision comes amid continued fluctuations in international oil markets.
New Petrol and Diesel Prices in Pakistan
The updated petroleum prices are listed below:
| Fuel type | Price increase | New price per litre |
|---|---|---|
| Petrol | Rs0.88 | Rs382.02 |
| High-speed diesel | Rs0.53 | Rs389.80 |
The government continues to collect Rs114 per litre in taxes and duties on petrol and Rs100 per litre on diesel.
Daily Fuel Price Adjustments Continue
Pakistan has shifted to a daily fuel pricing mechanism under which petroleum prices can be revised in response to international market trends. The system was introduced amid volatility in global oil prices following renewed conflict involving the United States and Iran.
Under this arrangement, the Oil and Gas Regulatory Authority (OGRA) is responsible for determining fuel prices based on international market movements and relevant pricing factors.
Impact on Consumers and Transport Costs
Changes in petrol prices directly affect motorists, motorcyclists, rickshaw operators and households that rely on private transport. Diesel prices are particularly important for freight vehicles, public transport, agricultural machinery and large generators.
Although the latest increases are relatively small, repeated fuel-price adjustments can influence transport and business operating costs. Any effect on fares and consumer prices will depend on how transport operators and businesses respond to the revised rates.
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