The federal government has once again reduced the price of petrol in Pakistan, cutting it by Rs 2.93 per litre under the latest fuel-price revision, while the price of high-speed diesel has been raised by 61 paisas for October 13, 2026.
The Petroleum Division announced the revised rates in a notification, under which petrol will now cost Rs 395.37 per litre, down from Rs 398.30. High-speed diesel will be priced at Rs 396.85 per litre, compared with the previous rate of Rs 396.24.
New Petrol and Diesel Prices: Key Details
| Detail | Information |
|---|---|
| Petrol (new price) | Rs 395.37 per litre (down Rs 2.93) |
| Petrol (old price) | Rs 398.30 per litre |
| High-speed diesel (new) | Rs 396.85 per litre (up Rs 0.61) |
| High-speed diesel (old) | Rs 396.24 per litre |
| Effective from | October 13, 2026 |
| Petroleum levy | Rs 80 per litre (unchanged) |
| Climate Support Levy | Rs 5 per litre (unchanged) |
Petrol Down Again After Friday’s Cut
The latest revision follows Friday’s adjustment, when the government reduced petrol prices by 66 paisas per litre to Rs 398.30 and increased diesel prices by 52 paisas to Rs 396.24 per litre. Over the two revisions, petrol has fallen about Rs 3.59 a litre, while diesel has edged up slightly.
How the Daily Pricing Works
The federal government has transitioned to adjusting petrol and diesel prices daily. The Oil and Gas Regulatory Authority (OGRA) revises the ex-depot prices every 24 hours, calculated using a seven-day average of international market rates, in line with international practice.
Petroleum Minister Ali Pervaiz Malik said OGRA has also started publishing daily petroleum prices on its website to improve transparency and ensure that changes in international oil prices are passed on to consumers more quickly.
Why the Prices Changed
OGRA states that the change in price is necessitated by global events, including changes in Platts rates, premiums, and incidentals. According to the Petroleum Division notification, the import cost of petrol declined to Rs 284.59 per litre from Rs 287.52, whereas the cost of diesel rose to Rs 289.29 per litre from Rs 288.68.
Meanwhile, international oil prices rose around 2% on Monday, reaching their highest levels in nearly two weeks amid tensions in the Middle East.
FAQs About the Petrol Price Cut
What is the new petrol price in Pakistan?
Petrol now costs Rs 395.37 per litre after a Rs 2.93 reduction, effective October 13, 2026.
Did diesel prices also decrease?
No. High-speed diesel prices were increased by 61 paisas to Rs 396.85 per litre.
How are fuel prices decided in Pakistan now?
OGRA revises ex-depot prices daily using a seven-day average of international market rates, publishing the notified prices on its website.
Why did petrol prices fall while diesel rose?
Petrol’s import cost declined to Rs 284.59 per litre, while diesel’s import cost rose to Rs 289.29 per litre, driven by Platts rates, premiums, and global market events.
Will prices change again soon?
Yes. Under the daily pricing mechanism, prices can be revised every 24 hours, so consumers should check the next official notification.
Has the petroleum levy changed?
No. The Petroleum Levy of Rs 80 per litre and the Climate Support Levy of Rs 5 per litre remain unchanged.
Final Thoughts
The back-to-back petrol price cuts bring some relief for motorists, though diesel consumers face a small increase. With daily revisions now the norm, pump prices will keep tracking global oil markets closely.
For more business updates, also read our article on Small Businesses to Get Rs 2.2 Trillion Loans by 2028.