Key Takeaways
- Petrol prices have increased by Rs. 145.13 per litre since the start of 2026.
- Diesel prices have risen by Rs. 139.16 per litre during the same period.
- Petrol and diesel prices have fluctuated frequently since July 21, 2026.
Petrol prices in Pakistan have surged by nearly Rs. 150 per litre since the beginning of 2026, reaching a high of Rs. 398.30 per litre by October 10, 2026, according to official reports.
The government introduced a daily price determination system based on international market rates on July 21, 2026, which has led to frequent fluctuations in fuel prices. Between July 21 and October 10, petrol prices increased 35 times and decreased 22 times.
Diesel prices have also seen significant increases, rising by Rs. 139.16 per litre, with the highest recorded price of Rs. 396.24 per litre by October 10, 2026.
The government has set a petroleum levy collection target of approximately Rs. 1.676 trillion for the fiscal year 2026 to 2027, up from Rs. 1.205 trillion collected between July 2025 and March 2026.
Between July 2025 and April 2026, government petroleum levy collections reached approximately Rs. 1.342 trillion, indicating a significant rise in fuel-related revenues.
The frequent fluctuations in fuel prices have caused concern among the public, who are already grappling with the economic challenges of the country.
The government's decision to base fuel prices on international market rates has led to unpredictable pricing, affecting the daily lives of citizens and businesses.
Experts suggest that the volatility in fuel prices could have a detrimental impact on the economy, particularly on industries that rely heavily on transportation and logistics.
