Petrol up Rs1.20 to Rs393.86 a litre for October 15, diesel down 17 paisa under Pakistan's daily pricing system

Key takeaways

• Petrol now costs Rs393.86 per litre, up Rs1.20, for Thursday 15 October.
• High-speed diesel (HSD) costs Rs396.65 per litre, down 17 paisa.
• The change was notified by the Petroleum Division under Pakistan's daily fuel pricing system.
• Daily prices are based on a seven-day average of international oil prices, Petroleum Minister Ali Pervaiz Malik said, according to Geo News.
• A day earlier, for 14 October, petrol had been cut by Rs2.71 and diesel by 3 paisa, The Express Tribune reported.

The new rates

Effective 15 October 2026. Source: Petroleum Division notification, as reported by Geo News and The Express Tribune.

How daily pricing works

Pakistan used to change fuel prices every two weeks. After the Middle East war began in February, the government first moved to weekly reviews, and since July prices have been reviewed and notified every day, according to Geo News and The Express Tribune.

Under the cabinet-approved framework described by Geo News:

• The oil regulator Ogra issues daily ex-depot prices for petrol and diesel, based on the average international price of the previous seven days.
• Ogra can announce daily prices without prior approval from the prime minister or federal government.
• Prices notified on a Friday stay the same on Saturday and Sunday.
• The petroleum levy cannot go above the limit approved by the cabinet; any change in the levy rate needs Finance Division approval.
• Kerosene and light diesel oil prices are also set daily.

Ogra has started publishing daily prices on its website so consumers can check them.

Why prices keep moving

Global oil markets remain jumpy. Attacks on shipping in the Strait of Hormuz and strikes between Saudi Arabia and Yemen's Houthis have kept Brent crude above $100 a barrel this week. Since Pakistan imports most of its fuel, international swings feed quickly into local prices.

Relief schemes still in place

The government announced in September a scheme offering Rs100 per litre off petrol for motorcycles, rickshaws and cars up to 800cc, covering an estimated 11.8 million people, The Express Tribune reported. Two- and three-wheeler users can get the relief on up to 20 litres a month, and small-car owners on up to 30 litres.

What to watch

• The next daily notification for 16 October, and the Friday price that will apply through the weekend.
• Oil price moves linked to the Strait of Hormuz and the Saudi–Houthi conflict.

This article is for information only and is not financial advice.