Petrol and diesel prices near Rs400 after fresh fuel hike

Petrol price crosses Rs392 mark, diesel also becomes more expensive. File photo

Published October 2, 2026 11:34 PM

(Web Desk): Petrol price has increased by Rs2.10 per litre, reaching Rs392.76, while diesel rises by Re0.30 to Rs399.64.

The federal government has raised petrol and high-speed diesel (HSD) prices following changes in international oil prices. The new rates are effective from October 2, according to the Petroleum Division.

New rates announced

Petrol will now be available at Rs392.76 per litre after an increase of Rs2.10. The price of HSD has been fixed at Rs399.64 per litre after an increase of Re0.30.

The latest rates are part of the government’s new approach to reviewing petroleum prices more frequently. The Petroleum Division is publishing updated petroleum prices through its official channels.

Daily pricing system continues

The government has moved towards a daily fuel price review mechanism to respond more quickly to changes in international oil prices. Ogra has also started publishing daily petroleum prices on its website to improve transparency.

Petroleum Minister Ali Pervaiz Malik said the daily prices are based on a seven-day average of international market prices. The method is intended to keep domestic fuel prices more closely linked with global market movements.

Global oil market remains uncertain

Global oil prices have remained volatile amid renewed tensions in the Middle East. Concerns about energy supplies through the Strait of Hormuz have also added pressure to international oil markets.

The government had previously used a fortnightly system for revising petroleum prices. It later moved to a weekly review system before shifting towards more frequent adjustments.

The latest increase means motorists will have to pay more for both petrol and diesel. The impact could also be felt in transport and other costs that depend on fuel.

The daily pricing system may allow local fuel rates to respond faster to international market changes. However, it could also mean that consumers see more frequent changes in petrol and diesel prices.

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Currency / Metal / Petrol Rates

Currency → PKR

Currency	Pair	Rate (PKR)	Change
🇺🇸 US Dollar	USD → PKR	277.24	▲ 0.08
🇪🇺 Euro	EUR → PKR	311.45	▼ 2.61
🇬🇧 British Pound	GBP → PKR	365.65	▼ 1.92
🇸🇦 Saudi Riyal	SAR → PKR	73.81	▲ 0.01
🇦🇪 UAE Dirham	AED → PKR	75.48	▲ 0.02
🇨🇳 Chinese Yuan	CNY → PKR	41.35	▲ 0.01

Current Metals

Metal	Unit	Price (PKR)	Change
Gold 24K	Per Tola	434,798	▲ 6,541
Gold 22K	Per Tola	398,565	▲ 5,996
Gold 21K	Per Tola	380,448	▲ 5,724
Gold 18K	Per Tola	326,098	▲ 4,906
Silver	Per Tola	6,384	▲ 85
Platinum	Per oz (USD)	1,714	▼ 0.2%