Diesel price in Pakistan today crosses Rs400 a litre; petrol stays at Rs377.91
Diesel is Rs400.67 a litre from 30 October, up Rs10.56 in eight days. Today's rates, why they change daily and what it means for fares and food prices.
High-speed diesel now costs Rs400.67 a litre in Pakistan, the first time it has crossed Rs400. The Oil and Gas Regulatory Authority (OGRA) raised it by 85 paisa from Friday, 30 October, while keeping petrol unchanged at Rs377.91 a litre.
This follows our report on Tuesday’s prices. What is new: two more daily changes since then, and diesel has now gone past the Rs400 line.
Fuel prices in Pakistan today (30 October)
| Fuel | Price per litre | Change |
|---|---|---|
| Petrol | Rs377.91 | No change |
| High-speed diesel | Rs400.67 | +Rs0.85 |
On Thursday, 29 October, petrol had gone up Rs1.85 (from Rs376.06) and diesel Rs1.75 (to Rs399.82). So in two days petrol is up Rs1.85 and diesel Rs2.60.
How fast has diesel gone up?
On 22 October, diesel was Rs390.11 a litre. Eight days later it is Rs400.67, an increase of Rs10.56. Petrol has moved up and down in the same period, which is why it feels calmer at the pump.
Why do prices change every day now?
Pakistan now sets fuel prices daily instead of every two weeks. Petroleum Minister Ali Pervaiz Malik has said the daily rate is worked out from a “seven-day average of international market prices”. In plain words: when world oil prices move, Pakistani pump prices follow within days instead of waiting for the 15th or the end of the month.
OGRA said Friday’s change came from global market moves, including international Platts prices, premiums and other import costs. The international benchmark for diesel rose to $114.65 a barrel from $114.15.
How much of the price is tax?
A large part of every litre is government levy, and none of it changed today:
- Petroleum levy: Rs80 a litre on both petrol and diesel
- Climate support levy: Rs5 a litre
- Dealer margin: Rs9.98 a litre
- Oil marketing company margin: Rs7.87 a litre
The import cost of diesel itself is about Rs293 a litre. Levies and margins make up most of the rest.
What diesel at Rs400 means for you
Most people never put diesel in their own car, but they pay for it anyway. Diesel runs trucks, buses, tractors, tube wells and many generators. When it rises, the cost of moving wheat, vegetables and goods rises with it, and transporters push for higher fares and freight charges. A rise of more than Rs10 in a week is the kind of jump that reaches market prices quickly, especially with the wheat sowing season under way and farmers running tractors and tube wells.
With daily pricing, the rate can change again tomorrow. Friday’s rate was announced on Thursday, a day ahead, so check the latest notice before you plan a long drive or a bulk purchase.
