News
Pakistan Cuts Petrol Price to Rs398.30, Raises Diesel to Rs396.24
By Mariam Khan
Real Estate Analyst
3 min read
The federal government has announced another petroleum price adjustment, effective October 10, 2026. Petrol falls by Rs0.66 per litre to Rs398.30, and high-speed diesel rises by Rs0.52 per litre to Rs396.24. The revised prices apply from October 10 to October 12, 2026. Price notifications are published by the Petroleum Division.
| Fuel | Previous price | New price | Change |
|---|---|---|---|
| Petrol | Rs398.96 per litre | Rs398.30 per litre | −Rs0.66 |
| High-speed diesel | Rs395.72 per litre | Rs396.24 per litre | +Rs0.52 |
Why the Prices Apply for Only Three Days
The new rates run from October 10 to October 12, a three-day window. The reports we have seen do not say why the window is this short. Prices could change again from October 13, so readers should treat these as short-term rates.
Why the Changes Are Small
The petrol cut of Rs0.66 and the diesel rise of Rs0.52 are both under one rupee per litre. Petrol stays Rs1.70 below Rs400 per litre (our own calculation), after being Rs1.04 below it in our report on the October 9 rates. Since the October 6 revision, when petrol was Rs393.64, it is up by Rs4.66 per litre (our own calculation). The reports do not give a reason for this adjustment, so we do not offer one.
Why Diesel Matters More to Construction
Diesel powers trucks, excavators, generators and other construction machinery, so its price feeds into transport and site costs. A rise of Rs0.52 is unlikely to change construction costs on its own. The more relevant point is the level, with diesel now at Rs396.24, and the wider cost picture covered in Global Oil Prices Surge Above $104 and our earlier report on diesel price hikes and construction costs. Whether contractors or material suppliers change their prices because of this move is not reported.
Why This Fits the Broader Cost Pressure
Fuel is one of several cost pressures. The electricity fuel-cost adjustment for October bills and the World Bank's warning on energy and freight costs point the same way. These items are separate decisions, and the fuel notification does not link them.
What This Means for Contractors, Developers and Buyers
Contractors on fixed-price work should keep fuel contingencies in their budgets, since prices can change again within days. Developers should watch the next revision before adjusting quotations. Buyers are unlikely to see an effect on property prices from this adjustment. The signals to watch are the October 13 price notification and the direction of international oil prices. Notifications are published by the Petroleum Division and the Oil and Gas Regulatory Authority.