Petrol Rises 88 Paisas to Rs393.64 as Diesel Falls Rs1.88
Petrol Rises 88 Paisas to Rs393.64 as Diesel Falls Rs1.88
The federal government has revised the petrol price in Pakistan once again, raising it by 88 paisas per litre while cutting the rate of high-speed diesel by Rs1.88, according to a notification issued by the Oil and Gas Regulatory Authority.
Under the revised rates, petrol will retail at Rs393.64 per litre, while high-speed diesel will cost Rs397.76 per litre. The new petrol price in Pakistan takes effect under the government’s daily fuel pricing mechanism, which has made revisions far more frequent than the old fortnightly cycle.
Petrol price Pakistan: fourth revision in five days
The October 5 notification continues a run of near-daily adjustments. On October 2, the government raised petrol by Rs3.26 to Rs390.66 per litre and cut diesel by Rs1.01 to Rs399.34. Rates then moved to Rs392.76 for petrol and Rs399.64 for diesel for October 3 to 5, before the latest revision pushed petrol close to the Rs394 mark while bringing diesel down further.
The cabinet-approved framework hands OGRA the task of publishing updated fuel prices every day, based on a rolling seven-day average of international petroleum prices. Petroleum Minister Ali Pervaiz Malik has said the system is meant to improve transparency and pass changes in global oil markets through to consumers faster.
What it means for motorists and transporters
For ordinary motorists, the increase is small but adds up. A driver buying 20 litres of petrol will now pay about Rs7,873, roughly Rs18 more than before the revision. The diesel cut offers some relief to transporters, farmers and bus operators, since high-speed diesel powers trucks, buses, tractors and tube-wells across the country.
Fuel costs feed directly into the price of moving goods, so diesel movements are watched closely for their effect on food and transport inflation. With petrol hovering near Rs394 a litre, household transport budgets remain under pressure.
What to watch next
Under the daily mechanism, OGRA publishes the next set of prices on its website each day, so consumers should check the latest notified rate rather than relying on last week’s figure. With global crude markets still volatile amid Middle East tensions, further small adjustments in either direction are likely in the coming days.
FAQ
What is the new petrol price in Pakistan?
Petrol now costs Rs393.64 per litre after an increase of 88 paisas, while high-speed diesel has been cut by Rs1.88 to Rs397.76 per litre, under an OGRA notification issued on October 5.
How often do fuel prices change in Pakistan now?
Under the cabinet-approved framework, OGRA revises prices daily based on a rolling seven-day average of international petroleum prices, replacing the earlier fortnightly and weekly cycles.
Why did petrol rise while diesel fell?
The two fuels track different international benchmarks and cost components, so their prices can move in opposite directions on the same day under the daily pricing formula.
