Pakistan adjusts retail fuel prices upward under its petroleum pricing mechanism, lifting rates for both high-speed diesel and petrol. The revised ex-depot prices take effect on Tuesday, October 27, 2026, as authorities cite shifts in international benchmarks and related costs.
Highlights
- Pakistan's Oil and Gas Regulatory Authority raises high-speed diesel price to Rs395.82 per litre and petrol to Rs379.25 per litre from October 27, 2026.
- The price revisions result in increases of Rs2.16 per litre for diesel and Rs1.54 per litre for petrol, announced Monday and effective Tuesday.
- OGRA attributes fuel price adjustments to global oil market shifts, as Brent crude drops $2.03 to $114.70 and WTI falls $2.60 to $100.71 per barrel.
Revised fuel rates take effect Tuesday
As reported by Business Recorder, citing the Petroleum Division, the Oil and Gas Regulatory Authority revised ex-depot petroleum prices under the federal government’s pricing mechanism. High-speed diesel rises to Rs395.82 per litre from Rs393.66, while petrol increases to Rs379.25 per litre from Rs377.71.The government announces the latest adjustment on Monday, with the new rates becoming effective on Tuesday, October 27, 2026. The increase amounts to Rs2.16 per litre for high-speed diesel and Rs1.54 per litre for petrol.
Global oil movements shape domestic pricing
OGRA says the price revision is driven by global developments, including changes in Platts rates, premiums and incidentals. Those external factors continue to feed into Pakistan’s domestic fuel pricing framework.In international markets, oil prices fall by about $2 a barrel on Monday amid hopes of easing hostilities between the U.S. and Iran, although continued attacks on key producer Saudi Arabia keep investors cautious. Brent crude is down $2.03, or 1.7%, at $114.70 a barrel at 10:37 a.m. ET, while U.S. West Texas Intermediate falls $2.60, or 2.5%, to $100.71 per barrel after both benchmarks posted gains at the end of the previous week.
Our earlier article on Pakistan’s October 15 fuel price revision explained how the government adjusted ex-depot rates under its regular pricing mechanism—raising petrol while marginally cutting high-speed diesel. It also noted that the Petroleum Division linked the changes to global factors such as movements in Platts rates, premiums and incidentals, underscoring how international oil dynamics keep feeding into domestic pump prices.
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