Pakistan fuel pricing revises petrol lower, raises diesel from Oct. 28
Pakistan adjusts domestic fuel prices again as global oil benchmarks remain elevated and the government recalibrates rates under its petroleum pricing mechanism. The latest revision takes effect on October 28, 2026, lowering petrol by Rs3.19 per litre while increasing high-speed diesel by Rs2.25 per litre.
Highlights
- OGRA revises petrol price down to Rs376.06 per litre and raises high-speed diesel to Rs398.07 per litre, effective October 28, 2026.
- The latest fuel price changes in Pakistan are attributed to global developments impacting Platts rates, premiums, and incidentals according to the Petroleum Division.
- Brent crude futures fall $1.00 to $114.81 and U.S. West Texas Intermediate drops 78 cents to $100.98 amid Middle East peace talks and ongoing geopolitical risks.
Official price revision for October 28
As reported by Business Recorder, citing the Petroleum Division, the Oil and Gas Regulatory Authority, OGRA, has revised ex-depot fuel prices under the federal government’s petroleum pricing mechanism through a press release issued on Tuesday.Under the new rates, petrol falls to Rs376.06 per litre from Rs379.25, while high-speed diesel rises to Rs398.07 per litre from Rs395.82. The revised prices are effective for Tuesday, October 28, 2026.
OGRA says the latest adjustment is driven by global developments, including changes in Platts rates, premiums and incidentals. The move follows another fuel price increase on Monday, when the government raised high-speed diesel by Rs2.16 per litre and petrol by Rs1.54 per litre.
Global oil market pressure on local fuel costs
International crude prices ease on Tuesday as market attention turns to Middle East peace talks, although benchmarks remain near multi-month highs. The broader market is still being shaped by geopolitical risks, including the Houthi-Saudi Arabia conflict and the possibility of fresh U.S.-Israeli attacks.Brent crude futures are down $1.00, or 0.86%, at $114.81 a barrel by 1311 GMT. U.S. West Texas Intermediate crude is down 78 cents, or 0.77%, at $100.98.
In our earlier article on the conflict-driven surge in oil shipping costs, we explained how tanker freight and insurance premiums have become a major new component of crude pricing as risks disrupt key routes like the Strait of Hormuz and the Red Sea. We noted that higher transport costs can quickly filter through to retail fuel prices and broader consumer inflation, with import-dependent markets feeling the impact most sharply.
-
Afghanistan
-
Albania
-
Algeria
-
Angola
-
Argentina
-
Armenia
-
Australia
-
Austria
-
Azerbaijan
-
Bahamas
-
Bahrain
-
Bangladesh
-
Belarus
-
Belgium
-
Bolivia
-
Botswana
-
Brazil
-
Brunei
-
Bulgaria
-
Cambodia
-
Cameroon
-
Canada
-
Chile
-
China
-
Colombia
-
Congo
-
Costa Rica
-
Cote d'Ivoire
-
Croatia
-
Cuba
-
Cyprus
-
Czechia
-
DR Congo
-
Denmark
-
Dominican Republic
-
Ecuador
-
Egypt
-
El Salvador
-
Estonia
-
Eswatini
-
Ethiopia
-
Finland
-
France
-
Georgia
-
Germany
-
Ghana
-
Greece
-
Haiti
-
Hong Kong
-
Hungary
-
India
-
Indonesia
-
Iran, Islamic republic
-
Iraq
-
Ireland
-
Israel
-
Italy
-
Jamaica
-
Japan
-
Jordan
-
Kazakhstan
-
Kenya
-
Korea
-
Kuwait
-
Kyrgyzstan
-
Laos
-
Latvia
-
Lebanon
-
Lesotho
-
Libya
-
Lithuania
-
Luxembourg
-
Madagascar
-
Malaysia
-
Malta
-
Mauritius
-
Mexico
-
Moldova
-
Mongolia
-
Montenegro
-
Morocco
-
Mozambique
-
Myanmar
-
Namibia
-
Nepal
-
Netherlands
-
New Zealand
-
Nigeria
-
North Macedonia
-
Norway
-
Oman
-
Pakistan
-
Palestine
-
Panama
-
Papua New Guinea
-
Paraguay
-
Peru
-
Philippines
-
Poland
-
Portugal
-
Puerto Rico
-
Qatar
-
Reunion
-
Romania
-
Rwanda
-
Saudi Arabia
-
Serbia
-
Singapore
-
Slovakia
-
Slovenia
-
Somalia
-
South Africa
-
Spain
-
Sri Lanka
-
Sweden
-
Switzerland
-
Syria
-
Taiwan
-
Tajikistan
-
Tanzania
-
Thailand
-
Trinidad and Tobago
-
Tunisia
-
Turkey
-
UAE
-
Uganda
-
Ukraine
-
United Kingdom
-
United States
-
Uruguay
-
Uzbekistan
-
Venezuela
-
Vietnam
-
Yemen
-
Zambia
-
Zimbabwe
- Forex
- Crypto
