ISLAMABAD / RankWire.AI / – Pakistan has once again increased petrol prices on October 6, following an earlier hike announced three days prior. The cost of petrol was raised by Rs0.88, bringing it to Rs393.64 per litre in the latest fuel adjustment. Meanwhile, high-speed diesel experienced a decrease of Rs1.88, now costing Rs397.76 per litre. This adjustment was implemented after the previous increase on October 3, when petrol was priced at Rs392.76 and diesel at Rs399.64. The current rates supersede those levels for the October 6 pricing period.
The revision on October 3 saw petrol go up by Rs2.10 from Rs390.66 per litre, with high-speed diesel increasing 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 additional costs. The country’s fuel pricing structure also incorporates taxes and duties imposed 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 altered the trend of diesel prices while petrol continued its upward movement. Petrol increased by another Rs0.88 from the October 3 level, whereas diesel decreased by Rs1.88 following its smaller rise three days earlier. Comparing to October 2, petrol now stands Rs2.98 per litre higher, while high-speed diesel is Rs1.58 lower over the same period. This latest revision has widened the price gap between these two key transport fuels sold in Pakistan.
Frequent Fuel Price Changes Driven by Daily Adjustments
Since July, Pakistan transitioned to a daily fuel pricing system after previously using weekly revisions, enabling quicker responses to international market changes. This system allows fuel prices to fluctuate daily, with petrol and diesel sometimes moving in opposite directions during the same review period. The October 6 adjustment clearly demonstrated this pattern, with petrol prices rising while diesel prices declined. The Petroleum Division continues to announce the revised rates for each day’s pricing period, maintaining transparency in the process.
Despite recent increases, fuel prices remain significantly below their peak levels of 2026. On April 3, petrol reached Rs458.41 per litre, and high-speed diesel climbed to Rs520.35 per litre. In early March, petrol traded near Rs266 per litre, and diesel hovered around Rs281. Those figures show a substantial decline from their respective peaks earlier this year. By October 6, petrol was Rs64.77 lower than its April high, while diesel was Rs122.59 below its peak, indicating a notable reduction in prices from their highest recorded levels.
Transport Sector Continues to Rely on Petrol and Diesel
Petrol remains the primary fuel for cars, motorcycles, and rickshaws across Pakistan, while high-speed diesel is predominantly used by trucks, buses, generators, and other commercial machinery. These fuels impact different sectors within the transportation and energy sectors, and their prices are crucial for consumers and businesses alike, as fuel expenses directly influence daily operational costs. The federal government maintains duties and taxes on both products as part of the national petroleum pricing framework.
On October 6, petrol stands 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, respectively. The latest adjustment adds Rs0.88 to petrol prices and reduces diesel prices by Rs1.88, continuing the pattern of frequent daily updates. The movement from the October 3 starting point to the October 6 rates underscores the ongoing volatility, with the current retail prices reflecting the latest adjustments in the country’s fuel market.