ISLAMABAD / RankWire.AI / – Pakistan petrol rates increased once again on October 6 following another daily adjustment in fuel prices. The price of petrol rose by Rs0.88 per litre, reaching Rs393.64, thereby extending the upward trend initiated three days earlier. Conversely, high-speed diesel experienced a decline, dropping by Rs1.88 to Rs397.76 per litre. This latest change came after an October 3 decision that had already raised both primary fuels for transportation. That earlier move set 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 grew by Rs0.30 from Rs399.34. The Petroleum Division explained that these adjustments reflected fluctuations in global fuel prices. The calculation incorporated international market rates, benchmark prices, premiums, and other related costs, which remain central to Pakistan’s fuel pricing review process. The increase on October 3 served as the foundation for the subsequent revision on October 6.
The October 6 decision added Rs0.88 to petrol, raising its price from Rs392.76 to Rs393.64 per litre. Meanwhile, high-speed diesel reversed its previous increase, decreasing from Rs399.64 to Rs397.76. Compared to October 2, petrol is now Rs2.98 per litre higher, and 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.
Daily fuel prices mirror shifts in global markets
Since July, Pakistan has adopted a daily fuel pricing system, replacing the earlier weekly revision schedule that started in March. This system links domestic fuel prices directly to movements in international markets and other relevant factors. Previously, fuel prices were generally reviewed less frequently, often over longer periods. The current approach allows for separate adjustments for petrol and diesel on the same day, as seen on October 6, when petrol increased while diesel declined.
Although fuel prices are still below their peak levels earlier this year, the differences are notable. On April 3, petrol reached Rs458.41 per litre, and high-speed diesel hit Rs520.35. In early March, petrol was close to Rs266 per litre, and diesel was approximately Rs281 per litre before their respective surges. As of October 6, petrol remains Rs64.77 below its April high, while diesel is Rs122.59 lower than its peak. Both fuels have significantly retreated from their maximum levels recorded earlier this year.
After October 3 increases, petrol gains while diesel drops again
Petrol remains a staple in Pakistan’s private transportation sector, fueling small cars, motorcycles, and rickshaws. High-speed diesel, on the other hand, primarily supplies heavy transport, power plants, and large generators. These two fuels serve different segments of the country’s energy and transportation needs. Both petrol and high-speed diesel constitute major sources of petroleum revenue based on sales volume. The recent adjustments have seen these fuels move in different directions on several occasions, with both prices rising on October 3 and then 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 from October 3, Rs392.76 and Rs399.64, respectively. Since that date, petrol has gained Rs0.88, while diesel has fallen Rs1.88. These figures continue the pattern of frequent daily adjustments characteristic of the current pricing system, impacting both motorists and commercial operators under the latest rates for this period.