The federal government has revised petroleum prices in Pakistan, reducing petrol by Rs0.66 per litre while increasing high-speed diesel (HSD) by Rs0.52 per litre. The updated rates took effect on October 10, 2026, and will remain applicable through October 12.
Latest Petrol and Diesel Prices
According to the latest Petroleum Division notification, the new fuel prices are as follows:
| Petroleum product | Previous price | New price | Change |
|---|---|---|---|
| Petrol | Rs398.96 | Rs398.30 | -Rs0.66 |
| High-speed diesel | Rs395.72 | Rs396.24 | +Rs0.52 |
The revision follows the government’s shift towards a daily petroleum pricing mechanism amid fluctuations in international oil markets.
Why Have Fuel Prices Changed?
International crude oil prices and petroleum product rates have remained volatile amid tensions in the Middle East. Changes in international market prices, import costs and other pricing factors influence domestic fuel rates.
Under the revised mechanism, the Oil and Gas Regulatory Authority (OGRA) calculates prices using a seven-day average of international market rates. This allows changes in global petroleum prices to be reflected more frequently in Pakistan.
Impact on Consumers
The reduction in petrol prices offers motorists a small amount of relief, while the increase in diesel costs may affect transport operators, farmers and businesses that depend on diesel-powered vehicles and machinery.
Fuel price changes can also influence freight charges and the cost of transporting essential goods, potentially affecting household expenses.
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Government’s Daily Fuel Pricing Mechanism
The government introduced a more frequent fuel price review system in response to uncertainty in global oil markets. Under the framework, OGRA publishes updated prices, with Friday’s rates remaining unchanged over the weekend.
Consumers and businesses are advised to follow official Petroleum Division announcements for the latest petroleum rates.
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