ISLAMABAD / RankWire.AI / – Pakistan increased petrol prices once again on October 6, following an earlier hike announced three days prior. Under the latest revision, petrol rose by Rs0.88 to Rs393.64 per litre, while high-speed diesel decreased by Rs1.88 to Rs397.76 per litre. This move was in response to the fuel rate adjustments on October 3, when petrol had hit Rs392.76 and diesel was at Rs399.64. The new rates replaced those levels for the October 6 pricing period.
The October 3 revision saw petrol go up by Rs2.10 from Rs390.66 per litre, and high-speed diesel increased by Rs0.30 from Rs399.34. The Petroleum Division attributed this change to fluctuations in international fuel prices and other related pricing factors, including benchmark rates, premiums, and associated costs. The system also incorporates taxes and duties levied on petroleum products, with the federal government currently collecting Rs114 per litre on petrol and Rs100 per litre on high-speed diesel.
The adjustment on October 6 caused diesel prices to decline while petrol continued its upward trend. Petrol increased by an additional Rs0.88 from the October 3 level, whereas diesel dropped by Rs1.88 after its smaller increase three days earlier. Comparing to October 2, petrol is now Rs2.98 per litre higher, while high-speed diesel is Rs1.58 lower over the same period. Consequently, the latest revision has widened the price gap between these two major transport fuels sold across Pakistan.
Daily Fuel Pricing Leads to Frequent Price Fluctuations
Pakistan adopted a daily fuel pricing system in July, transitioning from weekly revisions used earlier this year. This approach enables domestic fuel prices to respond more swiftly to changes in international markets, resulting in daily fluctuations that can see prices rise or fall on consecutive days. During the same review, petrol and diesel prices can even move in opposite directions, as demonstrated on October 6 when petrol increased while diesel declined. The Petroleum Division continues to announce revised rates for each period accordingly.
Despite recent hikes, fuel prices are still significantly below their peak levels of 2026. On April 3, petrol reached Rs458.41 per litre, and high-speed diesel climbed to Rs520.35. In early March, petrol was near Rs266 per litre and diesel around Rs281. The October 6 rates show petrol is Rs64.77 below its April high, while diesel remains Rs122.59 lower than its peak, reflecting substantial decreases from earlier this year.
Petrol and Diesel Continue to Play Central Roles in Transport
Petrol remains widely used by cars, motorcycles, and rickshaws throughout Pakistan, whereas high-speed diesel is predominantly consumed by trucks, buses, generators, and other commercial machinery. These fuels impact different segments of the transport and energy sectors, and their pricing remains crucial for consumers and businesses, as fuel expenses directly influence daily operational costs. The federal government continues to impose duties and taxes on both fuels as part of the national petroleum pricing framework.
As of October 6, petrol is priced at Rs393.64 per litre, and high-speed diesel at Rs397.76 per litre, replacing the rates from October 3 of Rs392.76 and Rs399.64 respectively. The recent change adds Rs0.88 to petrol and reduces diesel by Rs1.88, maintaining the pattern of frequent adjustments under the daily pricing system. The October 3 increase serves as the baseline for the latest movement, with the October 6 revision establishing the current retail rates.