Govt increases diesel price by Rs2.16, petrol by Rs1.54 per litre

Business Recorder · 26/10/2026، 5:57:05 PM

Pakistan government increased on Monday the price of high-speed diesel (HSD) by Rs2.16 per litre and petrol by Rs1.54 per litre. According to a press release issued by the Petroleum Division, the Oil and Gas Regulatory Authority (OGRA) revised the ex-depot prices of petroleum products under the federal government’s petroleum pricing mechanism. Following the revision, the price of HSD was increased from Rs393.66 to Rs395.82 per litre, while petrol price went up from Rs377.71 to Rs379.25 per litre. The revised prices will be effective for Tuesday, October 27, 2026. OGRA said the change in prices was necessitated by global developments, including changes in Platts rates, premiums and incidentals. The government on Friday increased the price of high-speed diesel by Rs1.91 per litre while keeping petrol price unchanged. Globally, oil prices fell $2 a barrel on Monday amid hopes of easing hostilities between the United States and Iran, but persistent attacks on key producer Saudi Arabia kept investors wary and prices near six-month highs. Brent crude futures were down $2.03, or 1.7%, at $114.70 at 10:37 a.m. ET (1437 GMT), while US West Texas Intermediate crude futures were down $2.60, or 2.5%, at $100.71 per barrel. On Friday, prices settled more than $3 higher, with Brent finishing the week up 6% and WTI ending the week 2.3% higher.