Petrol price in Pakistan today: Rs376.06 after Rs3.19 cut, but diesel up Rs2.25

Petrol is a little cheaper and diesel a little dearer from today, Wednesday, October 28, 2026. The Petroleum Division cut petrol by Rs3.19 a litre to Rs376.06 and raised high-speed diesel by Rs2.25 to Rs398.07, Dawn and Business Recorder reported on Tuesday night.

New fuel prices (from October 28)

Fuel	Yesterday	Today	Change
Petrol	Rs379.25	Rs376.06	-Rs3.19
High-speed diesel	Rs395.82	Rs398.07	+Rs2.25

The change comes a day after prices went the other way: on Monday the government raised petrol by Rs1.54 and diesel by Rs2.16, according to The Express Tribune. So today’s petrol cut cancels Monday’s rise and then some, while diesel has now gone up two days running, by Rs4.41 in total.

Why do prices change every day now?

Since July 17, fuel prices have been reviewed and notified daily, not every fortnight. The petroleum minister announced the switch after fighting between Iran and the US flared again, and OGRA now resets prices in line with international markets, Dawn reports. Before that, from early March, the government had moved to weekly changes.

The Petroleum Division put this revision down to the usual international factors: Platts rates, import premiums and incidental costs. The Express Tribune noted Brent crude fell $2.09 to $113.72 a barrel on hopes of Middle East peace talks, while Houthi attacks on Saudi Arabia kept oil near six-month highs.

Why did petrol fall but diesel rise?

The two fuels are priced separately against different international benchmarks and premiums, so they often move apart. Who it hits is different too. Petrol mostly fills motorcycles, rickshaws and private cars. Diesel runs trucks, buses, tractors and generators, which is why a diesel rise tends to show up later in freight charges and, eventually, food prices.

For a motorcyclist filling 10 litres, today’s cut saves about Rs32. A truck taking 100 litres of diesel pays about Rs225 more than yesterday.

What hasn’t changed: the tax in every litre

The government still collects about Rs114 a litre in taxes and duties on petrol and about Rs100 on diesel, Dawn reports. That levy is now a political fight. Jamaat-i-Islami chief Hafiz Naeemur Rehman met Prime Minister Shehbaz Sharif and said his party would march on Islamabad in mid-November if no major relief is announced. A joint JI-government committee is looking at widening the fuel relief scheme.

That scheme, announced on September 13, gives Rs100 a litre off petrol for motorcycles, rickshaws and cars up to 800cc, capped at Rs2,000 a month for two- and three-wheelers and Rs3,000 for small cars, The Express Tribune reports. The September austerity rules are also still in force: markets close by 9pm and marriage halls by 10pm.

The Pakistan Petroleum Dealers Association has asked people not to panic-buy, warning that it can distort supply. With daily pricing, the next change is only a day away, and we’ll keep this page’s numbers to what the Petroleum Division announces.