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Petrol up Rs1.54, diesel Rs2.16 in one-day price notice

The Petroleum Division set petrol at Rs379.25 and high-speed diesel at Rs395.82 a litre for 27 October under the daily pricing mechanism.

Skardu Times desk2 min read
Petrol up Rs1.54, diesel Rs2.16 in one-day price notice

The federal government has raised petrol and high-speed diesel prices for a single day, issuing a notification that sets petrol at Rs379.25 a litre and high-speed diesel at Rs395.82 for 27 October.

According to the Petroleum Division notification, petrol rose by Rs1.54 from Rs377.71, while high-speed diesel rose by Rs2.16 from Rs393.66. The new rates take effect at midnight and cover one day only, 27 October 2026, Aaj News reported.

The division said the Oil and Gas Regulatory Authority (Ogra) made the adjustment under the government's notified pricing mechanism, taking into account movements in the global market, Platts rates, premiums and other costs.

Pakistan has priced petroleum products on a daily basis since the Middle East crisis, though prices are held unchanged on Saturdays and Sundays. The previous notification, issued on 16 October, covered three days from 17 to 19 October: petrol was left unchanged at Rs377.71 while high-speed diesel was raised by Rs1.91 to Rs393.66, according to Aaj News.

Aaj News reported that since 17 July petrol prices have been increased 38 times and cut 29 times, while high-speed diesel has been raised 41 times and reduced 26 times over the same period.

To soften the effect of sustained high fuel costs, Prime Minister Shehbaz Sharif announced on 13 September a relief of Rs100 a litre on petrol for users of motorcycles, rickshaws, chingchis and cars up to 800cc.

Express News also reported the notification, carrying the same per-litre increases and the same new prices for both products. Neither outlet reported a change to any other petroleum product for 27 October.

Fuel prices feed directly into transport, food and electricity costs, and successive notifications have moved rates in both directions within weeks. The government has not said how long the day-by-day pricing arrangement will continue, and no indication of the following day's rates was given in the notification.

The Petroleum Division's statement said the revision reflected changes in international prices, Platts rates, premiums and other charges rather than any change to the tax structure on petroleum products.