Petrol price unchanged, high-speed diesel raised by Rs2.29

Dawn · 30/10/2026، 6:57:21 PM

The government on Friday raised the price of diesel by Rs2.29 per litre, but kept the petrol rate unchanged at Rs377.91. Following the revision, HSD will retail at Rs402.96 per litre. This is the second consecutive day the government kept the price of petrol unchanged. The prices are applicable from Oct 31 (Saturday) to Nov 2 (Monday), according to a notification by the Oil and Gas Regulatory Authority. The government continues to levy Rs114 per litre in taxes and duties on petrol and Rs100 per litre on diesel. On Tuesday, Jamaat-i-Islami (JI) chief Hafiz Naeemur Rehman met with Prime Minister Shehbaz Sharif in Islamabad to discuss his party’s demand to provide relief to the public by abolishing the levy. The two sides agreed to form a joint committee of the JI and the government to consider the expansion of the ongoing fuel relief scheme , being offered to owners of motorcycles, rickshaws and vehicles of up to 800cc since Sept 17 . For his part, Rehman declared that his party would march to Islamabad in protest of the petroleum levy in mid-November if the government did not announce any major relief by then. Last week, the Pakistan Petroleum Dealers Association had urged consumers not to resort to panic buying, as excessive purchases could create market distortions. Senators also raised concerns over fuel supply even after Minister of State for Finance and Revenue Bilal Azhar Kayani said that there were no supply issues. The price of HSD has come down from a peak of Rs520.35 recorded on April 3. Its price had started rising from Rs281 per litre after the US-Iran war broke out on Feb 28. The petrol price had peaked at Rs458.41 on April 3 after beginning its upward trajectory from Rs266 in the first week of March. Meanwhile, the government has reintroduced a raft of austerity measures in response to rising fuel prices amid the ongoing Middle East conflict. Under these measures, markets are required to close by 9pm, and fuel allocations for official vehicles have been