The federal government has reduced the petrol price in Pakistan by Rs3.63 per litre while increasing the price of high-speed diesel (HSD) by 31 paisa per litre, effective October 16, 2026. The latest adjustment follows changes in international oil market prices and the government’s daily fuel pricing mechanism.
Under the revised rates, petrol is now priced at Rs390.23 per litre, while high-speed diesel costs Rs396.96 per litre. The new prices were announced through a notification issued by the Petroleum Division on Thursday.
Updated Petrol and Diesel Prices in Pakistan
The revised fuel rates reflect different adjustments for petrol and diesel. While petrol consumers will pay less per litre, diesel users will face a slight increase.
| Petroleum product | Previous price | New price | Change |
|---|---|---|---|
| Petrol | Rs393.86 | Rs390.23 | Down Rs3.63 |
| High-speed diesel | Rs396.65 | Rs396.96 | Up Rs0.31 |
The new rates took effect on Friday, October 16, 2026.
Why Have Fuel Prices Changed?
The Oil and Gas Regulatory Authority (OGRA) revised the rates under Pakistan’s daily petroleum pricing mechanism. The Petroleum Division attributed the adjustments to changes in international oil market conditions, including Platts prices, premiums and other related costs.
The daily pricing system allows fuel rates to respond more quickly to movements in global oil markets. As a result, petrol and diesel prices may change from one day to another.
Read more simi;ar news on our petrol ptice in pakistan today.
What the New Rates Mean for Consumers
The petrol price reduction offers some relief to motorists, motorcycle riders and other petrol users. However, the diesel increase may add slightly to fuel expenses for transport operators, farmers and businesses that depend on diesel-powered vehicles and machinery.
The actual impact on household budgets and transport costs will depend on fuel consumption and other operating expenses.
If you want to read more news like this visit supernews.pk