What happened

According to Dawn, the government has increased domestic fuel rates, raising the price of petrol by Rs1.54 per litre and high-speed diesel (HSD) by Rs2.16 per litre. Following this decision, petrol retails at Rs379.25 per litre, while HSD costs Rs395.82 per litre. Based on the Petroleum Division’s notification, the revised prices apply for Oct 27. The government maintains existing taxes and duties of Rs114 per litre on petrol and Rs100 per litre on HSD.

Key facts

  • Fuel prices are currently adjusted on a daily basis by the Oil and Gas Regulatory Authority (Ogra) due to global market fluctuations, following a policy announced on July 17 by Petroleum Minister Ali Pervaiz Malik.
  • Prices previously peaked on April 3 at Rs458.41 per litre for petrol and Rs520.35 per litre for HSD after rising from earlier baselines following the outbreak of the US-Iran war on Feb 28.
  • Amid ongoing Middle East tensions, the government reintroduced conservation rules, including mandating early market closures by 9pm and reducing official vehicle fuel quotas by 50 percent for three months.
  • Assistance measures include a relief scheme announced on Sept 13 by Prime Minister Shehbaz Sharif for motorcycles, auto-rickshaws, and vehicles up to 800cc, alongside earlier subsidised fuel programs introduced in April.
  • Despite parliamentary concerns regarding future fuel availability, Minister of State for Finance and Revenue Bilal Azhar Kayani maintained there are no supply issues, while dealers urged citizens to avoid panic buying.
  • For specific local station details or regional distribution schedules: Not specified in the source; please check the official notice.

Why it matters

Dawn reports that petrol and HSD are major revenue generators, with monthly sales between 700,000 and 800,000 tonnes, compared to kerosene demand of 10,000 tonnes. Fluctuations in petrol costs directly affect lower-middle and middle-class households using small vehicles, rickshaws, and two-wheelers. Similarly, HSD adjustments carry widespread public impacts due to its extensive use in heavy commercial transport, power plants, and large generators.

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Source: Dawn - Home · Published October 26, 2026 · Photo by Mick Haupt on Unsplash