Petrol has been cut by Rs 3.63 to Rs 390.23 per litre from 16 October 2026, while high-speed diesel has gone the other way, rising 31 paisa to Rs 396.96.
For current rates at any time, including kerosene, LPG and light diesel oil, see our Pakistan fuel price page, which we keep updated at every revision.
Quick answer: From 16 October 2026 petrol costs Rs 390.23 a litre, down Rs 3.63, and high-speed diesel costs Rs 396.96, up Re 0.31. The Petroleum Division attributes the change to global events including Platts rates, premiums and incidentals. These rates hold until the next revision on 1 November.
New Petrol and Diesel Prices
| Fuel | Previous | New | Change |
|---|---|---|---|
| Petrol | Rs 393.86 | Rs 390.23 | −Rs 3.63 |
| High-speed diesel | Rs 396.65 | Rs 396.96 | +Re 0.31 |
Both figures are per litre and take effect from 16 October. Pump prices can vary slightly between cities and stations.
What You Actually Save
A per-litre figure is abstract, so here it is at the pump. These are straightforward multiplications of the price change, not guaranteed monthly savings.
| Fill | Petrol saving | Diesel extra cost |
|---|---|---|
| 10 litres | Rs 36.30 | Rs 3.10 |
| 20 litres | Rs 72.60 | Rs 6.20 |
| 40 litres | Rs 145.20 | Rs 12.40 |
| 50 litres | Rs 181.50 | Rs 15.50 |
So a full 50-litre tank of petrol costs Rs 181.50 less than it did yesterday. Welcome, but modest — the cut works out at 0.92%, under one per cent of the previous price.
Why the Prices Changed
The Petroleum Division issued the announcement, with OGRA revising ex-depot prices under the federal government's petroleum pricing mechanism.
The stated reason is "global events, including changes in Platts rates, premiums and incidentals". Platts rates are the international benchmark prices that imported fuel is bought against; premiums are what suppliers charge above that benchmark; incidentals cover freight and associated costs.
That is the Petroleum Division's explanation rather than an independent assessment, and no further detail on the movement was published.
Why Petrol Fell While Diesel Rose
The two fuels are priced separately and traded as separate products internationally, so they routinely move in opposite directions. Petrol and diesel benchmarks respond to different demand patterns.
Which matters more than the headline suggests. Diesel is the fuel of freight — trucks, buses, tractors and generators. When diesel rises, the cost of moving goods rises with it, and that reaches household prices eventually.
So the honest reading of this revision is not "fuel got cheaper". It is that private motorists get a small cut while the fuel that carries the economy went up, however slightly.
A Price Cut This Small Is Smaller Than Your Driving
Here is the useful way to think about a 0.92% cut: almost anything about how you drive moves your fuel bill further than this revision does.
Under-inflated tyres are the obvious one. They raise rolling resistance and burn more fuel every kilometre, and the effect comfortably exceeds one per cent — yet checking pressure costs nothing and takes two minutes.
Weight and air resistance matter too. A loaded boot, a roof box left on after a trip, or a window down at speed all cost fuel continuously, long after the trip they were needed for.
Then there is simply speed and smoothness. Hard acceleration followed by hard braking throws away energy you already paid for. None of this is new advice, but set against Rs 181.50 on a full tank, it is where the actual money is.
What It Means for Motorists
At under one per cent, this revision changes very little about the cost of running a car. It is worth noticing but not worth planning around.
The longer trend is the one that matters, and it is why more buyers are looking at electric vehicles — though that calculation depends as much on charging access as on the pump price.
For context on where rates have been recently, see our coverage of the previous price revision.
Petrol Price Today: The Summary
Petrol is Rs 390.23 a litre and high-speed diesel Rs 396.96, both effective 16 October 2026.
Three things to hold onto: the petrol cut is under one per cent, diesel moved the other way and that is the one that feeds into other prices, and these rates expire at the end of the month.
We update our fuel price page at every revision — bookmark that rather than this one if you check rates regularly.
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