ISLAMABAD / RankWire.AI / – Pakistan announced another increase in petrol prices on October 6, following a prior hike three days earlier. The latest fuel revision saw petrol go up by Rs0.88 to Rs393.64 per litre, while high-speed diesel decreased by Rs1.88 to Rs397.76 per litre. This adjustment came after the October 3 increases, when petrol reached Rs392.76 and diesel moved to Rs399.64. The new rates replaced those previous levels for the October 6 pricing period.
The revision on October 3 had raised petrol by Rs2.10 from Rs390.66 per litre, and high-speed diesel increased by Rs0.30 from Rs399.34. The Petroleum Division attributed these changes to fluctuations in international fuel prices and other related factors, including benchmark rates, premiums, and costs. The country’s fuel pricing system also incorporates taxes and duties, with the federal government currently collecting Rs114 per litre on petrol and Rs100 per litre on high-speed diesel.
The October 6 adjustment shifted the trend for diesel prices, which fell after its earlier smaller increase, while petrol continued to rise. Petrol’s price increased by another Rs0.88 from the October 3 level. Conversely, diesel’s price dropped by Rs1.88 after its minor rise three days earlier. Compared to October 2, petrol is now Rs2.98 per litre higher, whereas high-speed diesel is Rs1.58 lower over the same period. This latest revision has therefore widened the price gap between these two major transport fuels in Pakistan.
Frequent fuel price updates due to daily system
Pakistan adopted a daily fuel pricing system in July, replacing the weekly revisions used earlier this year. This approach enables domestic prices to respond more swiftly to changes in global markets. As a result, fuel prices can fluctuate on consecutive days, with petrol and diesel sometimes moving in opposite directions during the same update. The October 6 decision exemplified this pattern—petrol increased while diesel decreased. The Petroleum Division continues to announce the revised rates for each pricing period.
Despite recent increases, fuel prices are still significantly below their peak levels of 2026. On April 3, petrol hit Rs458.41 per litre, and high-speed diesel reached Rs520.35 per litre. Earlier this year, petrol was trading near Rs266 per litre, and diesel close to Rs281. In the latest figures, petrol is Rs64.77 below its April high, while diesel remains Rs122.59 lower than its peak. These numbers highlight the substantial decline from earlier this year’s record levels.
Transport fuels like petrol and diesel remain vital in Pakistan
Petrol is extensively used by cars, motorcycles, and rickshaws across the country, while high-speed diesel is primarily relied upon by trucks, buses, generators, and other commercial machinery. Because these fuels serve different sectors of the transport and energy sectors, their pricing influences various parts of the economy. Their costs are also critical to consumers and businesses since fuel expenses directly impact daily operational costs. The federal government continues to impose duties and taxes on both products as part of the national petroleum pricing framework.
For October 6, petrol is priced at Rs393.64 per litre, with high-speed diesel at Rs397.76 per litre. These rates replace the October 3 figures of Rs392.76 and Rs399.64. The latest adjustment adds Rs0.88 to petrol and reduces diesel by Rs1.88, maintaining the trend of frequent updates under the daily pricing system. The October 3 increase served as the baseline for the recent movement, with the October 6 revision establishing the current retail prices.