The petrol price in Pakistan is Rs. 377.71 per litre from October 24 to 26, 2026, which is Rs. 8.59 cheaper than a week ago, according to the Petroleum Division’s latest price notice. On October 17, petrol was selling at Rs. 386.30.
The price did not change in the latest revision, after a cut of Rs. 1.60 in the one before, PakWheels reported.
Petrol has been falling for most of October. It was Rs. 392.76 per litre on October 3, The Nation reported at the time, so it is now about Rs. 15 cheaper than at the start of the month.
Diesel tells a different story
High-speed diesel costs Rs. 393.66 per litre for the same three days. That is Rs. 3.30 lower than the Rs. 396.96 it cost on October 17.
But the trend has turned. Diesel went up by Rs. 1.91 in the latest revision, its second rise in a row. Truck owners, transporters and farmers who rely on diesel are not seeing the same relief as car and bike riders.
The Petroleum Division said the latest change came from world fuel prices, import premiums and related costs, according to PakWheels.
What a full tank costs now
For a motorcyclist filling 10 litres of petrol, the bill is now Rs. 3,777, about Rs. 86 less than a week ago.
A car owner filling a 40-litre tank pays Rs. 15,108, a saving of around Rs. 344 compared with last week. Compared with early October, the same tank is about Rs. 600 cheaper.
For diesel, a 40-litre fill costs Rs. 15,746, which is Rs. 132 less than a week ago.
Why world prices haven’t hit yet
The drop at home comes while world oil prices are climbing. Brent crude, the main global oil benchmark, rose 6% this week and closed at $116.72 a barrel on Friday, October 23, its highest close since April 29, Reuters reported. Attacks in Saudi Arabia and an oil spill in the UAE raised fears about supply from the Gulf.
The reason Pakistani prices have not jumped yet lies in how they are set. Since July 18, 2026, the Oil and Gas Regulatory Authority (OGRA) sets fuel prices every few days using the average world price over the past seven working days, Petroleum Minister Ali Pervaiz Malik said when the system started.
Because the formula uses an average, a sudden rise in world prices reaches the petrol pump slowly. If oil stays this high, the coming revisions could start pushing petrol prices back up.
Prices change every few days
Under the new system, prices are updated several times a week instead of twice a month. The current prices apply until October 26, 2026.
Drivers can check the latest rates on the websites of OGRA and the Petroleum Division, or at company sites such as PSO, which list the current price per litre.
