Pakistan Cuts Petrol Price to Rs398.30, Raises Diesel to Rs396.24 for Oct 10-12

Islamabad: The Pakistan petrol price has been cut by 66 paisas per litre to Rs398.30, while high-speed diesel has been raised by 52 paisas to Rs396.24, in the latest revision under the government’s daily fuel pricing mechanism. The new rates took effect on Saturday, 10 October 2026, and remain valid until Monday, 12 October.

FAKTA

• Petrol: down Rs0.66 per litre — from Rs398.96 to Rs398.30, effective 10–12 October 2026.
• High-speed diesel (HSD): up Rs0.52 per litre — from Rs395.72 to Rs396.24, for the same three-day period.
• Who set it: the Oil and Gas Regulatory Authority (OGRA) revised the ex-depot prices; the Petroleum Division issued the notification on Friday, 9 October.
• Mechanism: Pakistan sets fuel prices daily, Monday to Friday, based on movements in international oil markets, Platts benchmark rates, premiums and related costs.
• Previous move: on 8 October petrol had been raised by Rs2.31 and diesel by Rs0.78 per litre.

What changed in the Pakistan petrol price

According to the notification issued by the Petroleum Division, the price of petrol has been decreased by Rs0.66 per litre and the price of high-speed diesel hiked by Rs0.52 per litre. OGRA, the regulator that works out the fuel price, revised the ex-depot prices of the petroleum products for the period from 10 to 12 October 2026.

The reduction in petrol offers only marginal relief to motorists — less than a rupee per litre — at a time when fuel costs remain a major concern for households. Petrol is mainly used in private transport, small vehicles, rickshaws and two-wheelers, so changes in its price affect the middle and lower-middle classes most directly.

Diesel goes up as transport costs bite

High-speed diesel moved in the opposite direction, rising 52 paisas to Rs396.24 per litre from the earlier Rs395.72. Diesel is widely used in public transport, freight movement, agriculture and industry, so even a modest increase can raise operating costs across several sectors.

Changes in diesel prices affect the public at large, as the fuel is used in the heavy transport sector, power plants and large generators. For ordinary consumers the petrol cut is largely symbolic, but for businesses and transporters that depend heavily on diesel, the increase will be felt in daily operations.

Latest fuel price revisions at a glance

A year of daily price moves

Fuel pricing in Pakistan has become a near-daily affair. On 17 July 2026, Petroleum Minister Ali Pervaiz Malik announced that prices would be fixed on a daily basis because of fluctuations in international markets, replacing the weekly revision system that had been in place since early March. Under the new system, OGRA sets the prices based on international market trends.

The back-to-back revisions underline how closely retail fuel prices track global oil pricing inputs. Petrol peaked at Rs458.41 per litre on 3 April 2026, after climbing from Rs266 in the first week of March, while high-speed diesel touched Rs520.35 on the same April date. The current rates — Rs398.30 for petrol and Rs396.24 for diesel — remain well below those peaks but close to the Rs400 per litre mark.

For related economic coverage, see our report on the IMF-Pakistan staff-level agreement on a $1.2bn disbursement.

Conclusion

The latest revision brings a small saving for petrol users and a small extra burden for diesel consumers, with both fuels hovering just under Rs400 per litre. With the daily pricing mechanism in place, motorists, transporters and businesses will be watching the next review on 13 October to see whether international market trends bring any meaningful relief or fresh pressure.

Frequently asked questions

What is the new petrol price in Pakistan?
Petrol costs Rs398.30 per litre from 10 October 2026, after a reduction of 66 paisas per litre.

What is the new diesel price in Pakistan?
High-speed diesel costs Rs396.24 per litre from 10 October 2026, after an increase of 52 paisas per litre.

How long are these prices valid?
The revised rates apply from 10 to 12 October 2026. Pakistan revises fuel prices daily, Monday to Friday.

Who sets fuel prices in Pakistan?
The Oil and Gas Regulatory Authority (OGRA) revises the ex-depot prices based on international market trends, Platts rates and premiums; the Petroleum Division notifies them.