Petrol diesel prices October 29 2026 will see petrol at Rs377.91 a litre and high-speed diesel at Rs399.82 a litre, after the government raised both rates on Wednesday. The Petroleum Division notified the revision, which takes effect on Thursday, October 29.
Petrol rises by Rs1.85 a litre, while diesel rises by Rs1.75 a litre. The move reverses part of the previous day’s petrol cut, but it continues a steady climb in diesel that has now run for several days.
Petrol diesel prices October 29 2026: the new rates
The new rates apply for the next 24 hours under the daily pricing system, which has replaced fixed fortnightly revisions. Petrol is mainly used in private transport, small vehicles, rickshaws and two-wheelers, so its price affects the middle and lower-middle classes directly. Diesel is mainly used in heavy transport, power plants and large generators, so its price feeds into freight costs and the wider cost of goods.
The government continues to levy Rs114 a litre in taxes and duties on petrol and Rs100 a litre on diesel. Those levies are part of the pump price, not an addition to it.
| Effective day | Petrol (Rs per litre) | Diesel (Rs per litre) |
|---|---|---|
| October 29 | 377.91 | 399.82 |
| October 28 | 376.06 | 398.07 |
| October 27 | 379.25 | 395.82 |
| October 23 | 377.71 | 393.66 |
| October 14 | 393.86 | 396.65 |
The table shows two different stories in the same week. Petrol has eased from Rs393.86 on October 14 to Rs377.91 now, a fall of Rs15.95 over two weeks. Diesel has moved the other way, rising from Rs393.66 on October 23 to Rs399.82 now, a rise of Rs6.16 in six days. Diesel now sits just 18 paisas short of Rs400.
Why diesel keeps rising while petrol eases
Daily pricing follows international market trends, and the two fuels do not always move together. The Petroleum Division fixes the rate each day on the recommendation of the Oil and Gas Regulatory Authority, under a system the petroleum minister announced on July 17, when renewed hostilities between Iran and the United States unsettled international prices.
Since daily pricing began, ProPakistani reports that petrol has risen by Rs67.20 a litre in total and diesel by Rs76.52 a litre, counting both rises and falls across the period. The longer view is starker. Dawn reports that diesel peaked at Rs520.35 on April 3, after rising from Rs281 a litre when the United States-Iran war broke out on February 28. Petrol peaked at Rs458.41 on April 3, after rising from Rs266 in the first week of March.
The current rates are well below those April peaks, but they remain far above the levels seen before the war. For households, that gap is the real burden, even on days when one fuel falls.
The levy dispute behind the daily numbers
The revision arrives in the middle of a political dispute over the petroleum levy. On Tuesday, Jamaat-i-Islami chief Hafiz Naeemur Rehman met Prime Minister Shehbaz Sharif in Islamabad to press his party’s demand for relief through abolishing the levy. The two sides agreed to form a joint committee of the government and the party to consider expanding the ongoing fuel relief scheme, which has run since September 17 for owners of motorcycles, rickshaws and vehicles of up to 800cc.
Rehman has said his party will march to Islamabad in mid-November if the government does not announce major relief by then. The government, for its part, has reintroduced austerity measures in response to rising fuel prices, including a requirement for markets to close by 9pm and a 50 per cent cut in fuel allocations for official vehicles for three months.
On Friday, the Pakistan Petroleum Dealers Association urged consumers not to resort to panic buying, warning that excessive purchases could distort the market. Senators also raised concerns over fuel supply that day, even after the Minister of State for Finance and Revenue, Bilal Azhar Kayani, said there were no supply issues.
Feature Pakistan earlier reported petrol at Rs376.06 and diesel at Rs398.07 for October 28, and the joint committee formed by the government and Jamaat-i-Islami over fuel relief. Readers following the wider energy squeeze can also read how the border closure pushed LPG prices up and the proposed winter gas plan.
