Petrol Price Hike Rs3.26 in Pakistan, Diesel Price Reduced Slightly
Government revises ex-depot rates for petrol and high-speed diesel, and the new prices apply from October 2
Islamabad – (Staff Reporter/Web Desk) – The federal government has announced a petrol price hike Rs3.26 per litre, while the price of high-speed diesel has gone down by Rs1.01 per litre.
The Petroleum Division of the Ministry of Energy shared the news in a press release on October 1. The new prices will start from October 2.
Petrol, also called motor spirit, was selling at Rs387.40 per litre. It will now cost Rs390.66 per litre.
This means car and motorcycle owners will pay Rs3.26 more for every litre of petrol.
There is some relief on the diesel side. The price of high-speed diesel has been cut from Rs400.35 to Rs399.34 per litre.
That is a drop of Rs1.01 per litre. The cut is small, but it may help transporters and farmers who depend on diesel.
Old and New Rates at a Glance
Petrol: Rs387.40 changed to Rs390.66 per litre (up by Rs3.26)
High-speed diesel: Rs400.35 changed to Rs399.34 per litre (down by Rs1.01)
Why Did Prices Change?
According to the Petroleum Division, the revision follows the petroleum pricing mechanism set by the federal government. The Oil and Gas Regulatory Authority, known as OGRA, carried out the process.
The division said global events made this change necessary. These include movement in Platts rates, premiums and incidentals.
Platts rates are international benchmark prices for fuel. When they go up or down in the world market, local fuel prices are often adjusted too.
Premiums and incidentals are extra costs linked to bringing fuel into the country. These costs also play a part in the final price.
What Does Ex-Depot Price Mean?
The ex-depot price is the rate at which fuel is sold from oil depots. It is not the same as the price you pay at the pump.
Fuel stations add their own margins and other charges. So the final retail rate can differ slightly from place to place.
What Should Consumers Expect?
Daily commuters may feel the extra Rs3.26 on every litre of petrol, especially if they fill up often.
Diesel users will see a small saving. Even so, the change is modest, so big shifts in transport costs are unlikely for now.
Fuel prices in Pakistan are reviewed regularly. Any future change will depend on global oil rates and the pricing mechanism.
Drivers are advised to check the latest rates at their local fuel station after October 2.
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