ISLAMABAD / RankWire.AI / – Pakistan witnessed another increase in petrol prices on October 6 following the daily fuel rate adjustment. The cost of petrol was raised by Rs0.88 per litre, reaching Rs393.64, building on the upward trend from three days prior. Meanwhile, high-speed diesel experienced a decrease, falling by Rs1.88 to Rs397.76 per litre. This latest change followed an October 3 decision that had raised both major fuels used for transportation. That previous revision set the petrol price at Rs392.76 and high-speed diesel at Rs399.64 per litre.
On October 3, petrol increased by Rs2.10 per litre from Rs390.66, and high-speed diesel went up by Rs0.30 from Rs399.34. According to the Petroleum Division, these adjustments reflected fluctuations in international fuel prices. The calculation incorporated international market rates, benchmark prices, premiums, and related expenses, 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 revision on October 6 added Rs0.88 to petrol, raising its rate from Rs392.76 to Rs393.64 per litre. Conversely, high-speed diesel saw a decrease, 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 levy taxes and duties of Rs114 per litre on petrol, with Rs100 per litre on high-speed diesel.
International Market Movements Drive Daily Fuel Price Adjustments
Since July, Pakistan has adopted a daily fuel pricing system, replacing the previous weekly revision process that began in March. This approach links domestic fuel prices directly to shifts in international markets and other relevant factors. Prior to this change, price reviews occurred less frequently over longer periods. The current system allows for different movements in petrol and diesel prices on the same day, as seen on October 6, when petrol increased while diesel declined.
Despite recent fluctuations, fuel prices remain below their peaks earlier this year. On April 3, petrol hit Rs458.41 per litre, and high-speed diesel rose to Rs520.35. In early March, petrol was close to Rs266 per litre, and diesel was approximately Rs281 per litre before their respective rises. As of October 6, petrol is Rs64.77 below its April high, and diesel is Rs122.59 beneath its peak. Both fuels have significantly declined from their maximum levels recorded in April.
Petrol Prices Rise, Diesel Prices Fall After October 3 Adjustment
Petrol is extensively used for private transportation, including small cars, motorcycles, and rickshaws across Pakistan. High-speed diesel primarily fuels heavy transport, power plants, and large generators. These fuels serve different sectors of the country’s energy and transport demands. Both petrol and high-speed diesel are also the main petroleum revenue sources by sales volume. Recent price adjustments have often caused these fuels to move in opposite directions. On October 3, both prices increased, but the October 6 revision saw petrol rise and diesel fall.
For October 6, petrol is priced at Rs393.64 per litre, while high-speed diesel costs Rs397.76. These figures replace the previous levels of Rs392.76 and Rs399.64, respectively, set on October 3. Since that date, petrol has gained Rs0.88, and diesel has fallen Rs1.88. The latest rates continue the trend of frequent daily changes observed in October. Motorists and commercial operators are now subject to these revised rates during the current period.