ISLAMABAD / RankWire.AI / – Pakistan saw another increase in petrol prices on October 6 following the latest daily fuel price revision. The cost of petrol went up by Rs0.88 per litre to Rs393.64, building on the rise from three days prior. Conversely, high-speed diesel decreased by Rs1.88, settling at Rs397.76 per litre. This recent adjustment came after an October 3 decision that raised both key transport fuels, setting petrol 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, while high-speed diesel gained Rs0.30 from Rs399.34. According to the Petroleum Division, this review reflected shifts in international fuel prices. The calculation incorporated international market rates, benchmark prices, premiums, and related costs, which remain central to Pakistan’s fuel pricing process. The increase on October 3 served as the immediate baseline for the subsequent revision that took effect on October 6.
The update on October 6 added Rs0.88 to petrol, raising its price from Rs392.76 to Rs393.64 per litre. Meanwhile, high-speed diesel experienced a reversal, 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 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 revision schedule that began in March. This mechanism ties domestic fuel prices directly to fluctuations in international markets and other relevant inputs. Prior to this change, fuel prices were generally adjusted over longer periods. The current approach allows for separate daily movements in petrol and diesel, as seen on October 6, when petrol increased while diesel decreased.
Fuel prices remain below their peak levels earlier this year. On April 3, petrol reached Rs458.41 per litre, and high-speed diesel climbed to Rs520.35. In early March, petrol was close to Rs266 per litre, and diesel was approximately Rs281 per litre before climbing. As of October 6, petrol is Rs64.77 below its April high, while diesel is Rs122.59 lower than its peak. Both products have significantly retreated from their maximum levels recorded in April.
Petrol Prices Rise While Diesel Prices Drop After October 3 Adjustment
Petrol, a staple for private transportation such as small cars, motorcycles, and rickshaws across Pakistan, continues to see price fluctuations. High-speed diesel primarily fuels heavy transport, power plants, and large generators, covering different sectors of the country’s energy and transport needs. Both fuels are also Pakistan’s major petroleum revenue generators by volume. Recent price revisions have caused divergent movements; on October 3, both prices increased, but on October 6, petrol rose while diesel fell.
For 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 from October 3. Petrol increased by Rs0.88 since that revision, whereas diesel decreased by Rs1.88. The latest figures continue the pattern of frequent daily adjustments under the current pricing system, affecting motorists and commercial users during this period.