ISLAMABAD / RankWire.AI / – Pakistan increased petrol prices once again on October 6 following another daily revision of fuel rates. The cost of petrol was raised by Rs0.88 per litre to reach Rs393.64, building on the upward trend from three days prior. Conversely, high-speed diesel experienced a decrease of Rs1.88, settling at Rs397.76 per litre. This latest change follows an October 3 decision that elevated both main transportation fuels, with petrol set at Rs392.76 and high-speed diesel at Rs399.64 per litre.
On October 3, petrol was increased by Rs2.10 per litre from Rs390.66, and high-speed diesel went up by Rs0.30 from Rs399.34. The Petroleum Division explained that these adjustments reflected fluctuations in international fuel markets. The calculation incorporated international market rates, benchmark prices, premiums, and associated costs, which remain central to Pakistan’s fuel pricing process. The increase on October 3 served as the basis for the subsequent revision that took effect on October 6.
The decision on October 6 added Rs0.88 to petrol, raising its price from Rs392.76 to Rs393.64 per litre. Meanwhile, high-speed diesel reversed its previous increase, dropping from Rs399.64 to Rs397.76. Compared to October 2, petrol is now Rs2.98 per litre higher, while diesel is Rs1.58 lower. The federal government continues to impose taxes and duties of Rs114 per litre on petrol, with a similar Rs100 per litre levied on high-speed diesel.
International Market Trends Drive Daily Fuel Price Changes
Since July, Pakistan has adopted a daily fuel pricing system, replacing the previous weekly review cycle that began in March. This mechanism directly links domestic fuel prices to movements in international markets and other relevant factors. Prior to this shift, fuel rates were typically reviewed less frequently. The current system allows for separate price adjustments for petrol and diesel on the same day, as demonstrated on October 6, when petrol increased while diesel decreased.
Despite recent increases, fuel prices remain below their peak levels earlier this year. On April 3, petrol reached Rs458.41 per litre, and high-speed diesel hit Rs520.35. In the first week of March, petrol was close to Rs266 per litre, with diesel around Rs281 per litre before their respective climbs. By October 6, petrol was Rs64.77 below its April peak, and diesel was Rs122.59 lower than its highest point. Both fuels have significantly retreated from their maximum levels recorded in April.
Petrol Price Gains, Diesel Price Drops Post-October 3 Update
Petrol remains a key fuel for private transportation, used extensively in small cars, motorcycles, and rickshaws across Pakistan. High-speed diesel predominantly fuels heavy transport, power plants, and large generators. These two fuels serve different sectors of the country’s energy and transport needs. Both petrol and high-speed diesel are also Pakistan’s primary petroleum revenue earners by sales volume. Recent price revisions have caused fluctuations, with both rising on October 3 and diverging on October 6, when petrol increased and diesel decreased.
As of October 6, petrol is priced at Rs393.64 per litre and high-speed diesel at Rs397.76. These rates replace the previous levels of Rs392.76 and Rs399.64, respectively, set on October 3. Petrol has gained Rs0.88 since that date, while diesel has fallen Rs1.88. The latest figures continue the pattern of frequent daily adjustments characteristic of the October pricing cycle. Motorists and commercial operators are now facing these revised rates for the current period.