New Petrol Price in Pakistan hits Rs377.91; Diesel reaches Rs399.82

ISLAMABAD – Fuel prices are heading higher again, with petrol to cost Rs377.91 per litre and high-speed diesel Rs399.82 for October 29, 2026, amid daily revision of price announced by the Petroleum Division.

On Wednesday, petrol price jumped by Rs1.85 per litre from Rs376.06. Diesel, widely used in freight transport and agriculture, increases by Rs1.75 from Rs398.07 per litre.

For motorists, the latest announcement extends a month of fluctuating fuel costs. Petrol stood at Rs379.25 per litre on October 27 before dropping by Rs3.19 to Rs376.06 on October 28. The new increase restores part of that reduction. Even after the latest hike, petrol will remain Rs9.49 per litre cheaper than its October 1 price of Rs387.40.

The month’s sharpest pressure came earlier, when petrol reached Rs398.96 per litre on October 9—the highest rate in the supplied October 1–28 records. It subsequently retreated to Rs390.23 on October 16 and Rs381.14 on October 20.

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Diesel has followed a different recent trajectory. From Rs389.27 per litre on October 20, its newly announced price represents an increase of Rs10.55.

Global oil prices move higher

The domestic revision comes against a backdrop of rising international crude prices, with renewed concerns about Saudi Arabian supply risks weighing on the market. Brent crude futures were quoted at $115.47 a barrel, while US West Texas Intermediate stood at $101.33.

Pakistan Petrol Trends

Across October 1–28, petrol registered a net reduction of Rs11.34 per litre, equivalent to 2.93%. Its lowest price during that period was Rs376.06 on October 28, compared with the October 9 peak of Rs398.96—a difference of Rs22.90 per litre.