Petrol and high-speed diesel have both become dearer in Pakistan from Thursday, 29 October 2026, a day after petrol had been cut and diesel raised in the previous daily revision. Under the notification issued by the Petroleum Division on 28 October, petrol rises by Rs1.85 per litre to Rs377.91 per litre. High-speed diesel rises by Rs1.75 per litre to Rs399.82 per litre, a figure that sits just below Rs400. The new rates took effect from 29 October. The direction of the two fuels has therefore changed in the space of two days. For 28 October, petrol had fallen by Rs3.19 per litre while diesel had risen by Rs2.25 per litre. That revision had taken petrol to Rs376.06 and diesel to Rs398.07. Adding the latest increases to those levels gives exactly the new rates: Rs376.06 plus Rs1.85 equals Rs377.91 for petrol, and Rs398.07 plus Rs1.75 equals Rs399.82 for diesel. Compared with the Rs379.25 at which petrol stood on 27 October, the new price is still Rs1.34 lower, even after the latest rise. Reports of the notification pointed to fluctuations in the international oil market as the reason for the increase. Pakistan imports most of its petroleum requirements, so movements in global crude prices, freight costs and the exchange rate feed quickly into domestic pump prices. Developments involving major producers, shipping routes such as the Strait of Hormuz and the Red Sea, and wider Middle East tensions can all push costs up or down within days. The revision comes under the daily petroleum pricing mechanism that the government introduced on 17 July 2026, replacing the previous weekly system. Under that system, prices are reviewed each working day rather than once a fortnight, which is why motorists can now see the rate change from one day to the next. The Oil and Gas Regulatory Authority publishes the ex-depot prices, which exclude the cost of moving fuel from a company depot to a retail pump. For households, the latest increase means a slightly higher bill at the pump for both private motorists and users of diesel vehicles. Diesel is the workhorse fuel of the economy: it powers trucks, buses, farm machinery and much of the country’s freight movement, so a rise in its price can feed through into transport charges and the cost of moving goods. Petrol users, including motorcyclists and small-car owners, will feel the Rs1.85 increase directly when they fill up. The government has previously announced relief measures aimed at lower-income consumers, including a subsidy scheme for motorcycles, three-wheelers and cars with engines of up to 800cc. That scheme was described as offering relief of up to Rs2,000 a month for two-wheelers and three-wheelers and up to Rs3,000 for eligible small-car users, covering around 11.8 million beneficiaries. Whether that relief offsets the latest daily increase will depend on how the scheme is applied at the pump in practice. Because prices are now revised daily, the rate in force today is not guaranteed to hold tomorrow. Motorists are advised to check the notified price before filling up, and transporters and businesses that plan fuel purchases should allow for the possibility of another change in the next daily notification. Sources: Petroleum Division notification as reported by Dawn, Express Tribune and Geo News; OGRA price publication; PKRevenue.
Petrol and Diesel Prices Rise Again in Pakistan From 29 October 2026
