ISLAMABAD / RankWire.AI / – Pakistan has introduced a new system of daily fuel price updates, with recent adjustments showing petrol prices rising while diesel prices fall. On October 6, petrol was increased by Rs0.88 to Rs393.64 per litre, building on the rise announced three days earlier. Meanwhile, high-speed diesel experienced a decrease of Rs1.88, bringing its price down to Rs397.76 per litre. These rate changes followed the adjustments made on October 3, when both fuels saw an increase. On that day, petrol was Rs392.76, and diesel was Rs399.64, with the new rates replacing those figures for the October 6 period.
The October 3 revision saw petrol go up by Rs2.10 from Rs390.66 per litre, while high-speed diesel increased 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 costs. The country’s fuel pricing mechanism also incorporates taxes and duties on petroleum products, with the federal government currently collecting Rs114 per litre on petrol and Rs100 per litre on high-speed diesel.
On October 6, the movement in fuel prices diverged: petrol continued its upward trend, increasing by another Rs0.88 from the October 3 figure, while diesel prices declined by Rs1.88 after a smaller rise three days prior. Comparing to October 2, petrol is now Rs2.98 per litre higher, whereas high-speed diesel is Rs1.58 lower over the same period. This latest adjustment has widened the price difference between these two major transport fuels in Pakistan.
Frequent Fuel Price Changes Driven by Daily Revisions
Since July, Pakistan has adopted a daily fuel pricing system, replacing the earlier weekly updates. This approach allows domestic fuel prices to respond more swiftly to international market fluctuations, leading to daily increases or decreases. During the same review, petrol and diesel can even move in opposite directions, as demonstrated on October 6, when petrol prices rose while diesel prices fell. The Petroleum Division continues to publish the revised rates for each new pricing period, maintaining transparency and responsiveness.
Despite recent upward adjustments, fuel prices remain significantly below their peaks earlier this year. On April 3, petrol reached Rs458.41 per litre, and high-speed diesel climbed to Rs520.35 per litre. In early March, petrol was close to Rs266 per litre, and diesel hovered around Rs281. Since then, petrol has fallen Rs64.77 from its April high, while diesel is Rs122.59 below its peak, highlighting a substantial decline from earlier levels.
Transport Sector Continues to Rely on Petrol and Diesel
Across Pakistan, petrol remains the primary fuel for cars, motorcycles, and rickshaws, whereas high-speed diesel is predominantly used in trucks, buses, generators, and other commercial machinery. These fuels impact different sectors within the transportation and energy industries, making their prices crucial for consumers and businesses alike since fuel expenses directly influence daily operational costs. The federal government continues to impose duties and taxes on both types of fuel as part of the national petroleum pricing policy.
As of October 6, petrol is priced at Rs393.64 per litre, and high-speed diesel at Rs397.76 per litre. These figures replace the rates from October 3, Rs392.76 and Rs399.64 respectively. The latest adjustment adds Rs0.88 to petrol prices and reduces diesel prices by Rs1.88, exemplifying the ongoing pattern of frequent changes under the daily pricing system. The October 3 rate remains the baseline for the current movement, with the October 6 rates serving as the official retail prices.