Petrol Price Reduction October 2026: New Rate Rs386.30 per Litre
The petrol price reduction October 2026 is trending because the government has cut petrol four times in the last five daily revisions. In the latest move, notified on Friday 16 October, petrol was cut by Rs3.93 to Rs386.30 per litre for Saturday 17 October to Monday 19 October. High-speed diesel (HSD) stays unchanged at Rs396.96 per litre. This is the lowest petrol rate of the month so far.
PK Portals is an independent information site and is not linked to the Petroleum Division, OGRA or the Government of Pakistan. Details are as reported up to 18 October 2026 and can change, as prices are now revised almost every day.
Quick facts
| Item | Details |
|---|---|
| Petrol price today (18 Oct 2026) | Rs386.30 per litre |
| Latest petrol change | Cut of Rs3.93 per litre |
| High-speed diesel price | Rs396.96 per litre (unchanged) |
| Valid for | Saturday 17 October to Monday 19 October 2026 |
| Announced | Friday 16 October 2026, Petroleum Division notification |
| Pricing system | Daily review by OGRA (in place since 21 July 2026) |
| Next revision | Expected on Monday 19 October for Tuesday 20 October |
| October high for petrol | Rs398.96 per litre (9 October) |
| Petrol drop from October high | Rs12.66 per litre |
October 2026 petrol and diesel price changes
Prices have moved up and down almost every day this month. Weekend rates are notified on Friday and stay in force from Saturday to Monday. The table below lists every change reported for October 2026 (prices per litre).
| Effective date | Petrol (Rs) | Petrol change | Diesel HSD (Rs) | HSD change |
|---|---|---|---|---|
| 1 Oct (Thu) | 387.40 | −0.14 | 400.35 | −1.89 |
| 2 Oct (Fri) | 390.66 | +3.26 | 399.34 | −1.01 |
| 3–5 Oct (Sat–Mon) | 392.76 | +2.10 | 399.64 | +0.30 |
| 6 Oct (Tue) | 393.64 | +0.88 | 397.76 | −1.88 |
| 7 Oct (Wed) | 394.83 | +1.19 | 395.85 | −1.91 |
| 8 Oct (Thu) | 396.65 | +1.82 | 394.94 | −0.91 |
| 9 Oct (Fri) | 398.96 | +2.31 | 395.72 | +0.78 |
| 10–12 Oct (Sat–Mon) | 398.30 | −0.66 | 396.24 | +0.52 |
| 13 Oct (Tue) | 395.37 | −2.93 | 396.85 | +0.61 |
| 14 Oct (Wed) | 392.66 | −2.71 | 396.82 | −0.03 |
| 15 Oct (Thu) | 393.86 | +1.20 | 396.65 | −0.17 |
| 16 Oct (Fri) | 390.23 | −3.63 | 396.96 | +0.31 |
| 17–19 Oct (Sat–Mon) | 386.30 | −3.93 | 396.96 | No change |
Between 1 and 9 October, petrol climbed by Rs11.56 a litre. Since the weekend of 10 October the trend has reversed, and petrol is now Rs1.10 cheaper than it was on 1 October. Diesel has moved less, but it is Rs3.39 lower than on 1 October.
Are petrol prices revised weekly or fortnightly now?
Neither. For years, Pakistan reviewed fuel prices every fortnight. After the US-Iran conflict began in late February 2026, the government moved to weekly reviews from early March. Then, on 17 July 2026, Petroleum Minister Ali Pervaiz Malik announced a shift to daily pricing, and the first daily revision took effect on 21 July.
Under this system, OGRA works out the new ex-depot prices each day from international market trends, and the Petroleum Division issues the notification, usually in the evening, for the next day. Friday’s notification covers the whole weekend. The current rates run until Monday 19 October, so the next change is expected to be announced on Monday evening for Tuesday 20 October.
What the petrol cut means for your fuel bill
Here is a simple comparison of what common fill-ups cost at today’s rate, at the 16 October rate and at the 9 October high. The litre amounts are only examples; check your own vehicle’s tank size.
| Fill-up | At Rs386.30 (now) | At Rs390.23 (16 Oct) | At Rs398.96 (9 Oct) | You save vs 9 Oct |
|---|---|---|---|---|
| 2 litres (bike top-up) | Rs772.60 | Rs780.46 | Rs797.92 | Rs25.32 |
| 10 litres (motorcycle) | Rs3,863.00 | Rs3,902.30 | Rs3,989.60 | Rs126.60 |
| 30 litres (small car) | Rs11,589.00 | Rs11,706.90 | Rs11,968.80 | Rs379.80 |
| 45 litres (family car) | Rs17,383.50 | Rs17,560.35 | Rs17,953.20 | Rs569.70 |
For a motorcyclist who uses about 20 litres a month, petrol now costs Rs7,726 instead of Rs7,979.20 at the 9 October rate, a saving of Rs253.20. Compared with the 16 October rate, the saving on the same 20 litres is Rs78.60. Riders of motorcycles, rickshaws and small cars may also qualify for the government’s separate targeted relief; see our petrol subsidy guide for eligibility and registration.
Why petrol prices fell
The Petroleum Division said the latest revision followed global developments, including changes in Platts rates, premiums and incidental charges. Business Recorder reported these key figures behind the 17 October cut:
- The seven-day average international price of petrol fell to $124.39 a barrel from $127.24.
- The import cost of petrol fell to Rs275.56 a litre from Rs279.45.
- The international diesel price was almost flat ($108.54 against $108.53 a barrel), so the HSD rate was left unchanged.
- The petroleum levy (Rs80 a litre) and the climate support levy (Rs5 a litre) were not changed, and neither were dealer and oil company margins.
Global oil prices remain high. Brent crude was trading at around $106 a barrel this week, with markets still worried about supplies from the Middle East. Pakistan imports most of its petroleum, so any change in world prices reaches local pumps quickly. Even after the recent cuts, petrol is far below its 2026 peak of Rs458.41 per litre, which came into effect on 3 April.
Diesel is still costlier than petrol
At Rs396.96 per litre, high-speed diesel now costs Rs10.66 more than petrol. Diesel runs most trucks, buses and tractors, so its price feeds into transport fares and the cost of moving goods. Diesel fell by about Rs5.40 between 1 and 8 October, but it has risen by about Rs2 since then and was not reduced in the latest revision.
How to check the official petrol price
- Read the daily Petroleum Division notification, which is carried by major outlets such as Dawn, Business Recorder and The Express Tribune every evening.
- Check the notified prices section on the OGRA official website.
- Bookmark our petrol price in Pakistan page, which we keep updated with the latest rate.
- Ignore forwarded images that show "tomorrow’s price" before the official notification comes out.
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- Petrol subsidy: who qualifies and how to register
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- Finance Minister of Pakistan
Frequently Asked Questions
What is the petrol price in Pakistan today?
On 18 October 2026, petrol costs Rs386.30 per litre. This rate applies from 17 October to 19 October 2026.
How much was the latest petrol price cut?
Petrol was cut by Rs3.93 per litre, from Rs390.23 to Rs386.30, under the notification issued on 16 October 2026.
What is the diesel price in Pakistan now?
High-speed diesel is Rs396.96 per litre. It was raised by 31 paisas on 16 October and left unchanged in the latest revision.
How often does the government change petrol prices?
Prices have been reviewed daily since 21 July 2026. Weekday rates are notified the evening before, and one notification covers Saturday to Monday.
When will the next petrol price be announced?
The current rate is valid until Monday 19 October, so the next revision is expected to be notified that evening for Tuesday 20 October.
Why did petrol become cheaper in October 2026?
Officials linked the cuts to global market changes, including lower Platts prices. The international price and import cost of petrol both fell, while taxes and levies stayed the same.
