Petrol, diesel prices rise in Pakistan — Rs379.25 and Rs395.82 a litre from October 27

New rates: Petrol Rs379.25/litre, diesel Rs395.82/litre

Announced: Monday evening, Petroleum Division notification on OGRA’s advice

Mechanism: Daily pricing continues

Anyone who filled a tank this morning in Pakistan paid more than they did yesterday. The federal government has raised the prices of both major fuels: petrol is up Rs1.54 a litre to Rs379.25, and high-speed diesel is up Rs2.16 to Rs395.82. The new rates took effect on Tuesday, October 27.

Until Monday, petrol sold at Rs377.71 a litre and diesel at Rs393.66. The Petroleum Division’s notification, issued on the Oil and Gas Regulatory Authority’s recommendation, sets the revised ex-depot prices under the daily pricing mechanism that replaced the weekly system in July.

What moved in the world market

OGRA pointed to international developments — movements in Platts rates, premiums and incidental costs. Business Recorder reported the average refined petrol price rising to $118.41 a barrel from $117.52 on October 24, with the diesel benchmark edging up to $110.58. On that basis, petrol’s ex-refinery price climbed to Rs268.49 a litre from Rs266.95, and diesel’s import cost rose to Rs288.27 from Rs286.11.

Levies did not change. The petroleum levy stays at Rs80 a litre and the climate support levy at Rs5, with dealer and oil-marketing-company margins unchanged.

How this differs from the last window

The contrast with the previous three days is sharp. For October 24–26, diesel alone had risen — by Rs1.91 a litre — while petrol was left untouched. This time both fuels went up together, and that is what makes today’s notification a new story rather than a repeat of last week’s.

What it means at the pump — and beyond

Petrol is the fuel of private cars, motorcycles and rickshaws, so its price lands straight on household budgets. Diesel reaches further: heavy transport, buses, freight trucks, farm machinery and generators all run on it. When diesel gets dearer, freight and transport costs follow, and that pressure has a habit of showing up in food prices before long.

The increase arrives alongside the government’s revived austerity drive — markets ordered shut by 9pm and official vehicles’ fuel allocations cut by half for three months. The relief scheme announced on September 13, offering Rs100 a litre off petrol for motorcycles, rickshaws and cars up to 800cc, remains the counterweight for small-vehicle owners.