Key Takeaways
- The federal government has decided to keep petrol prices stable for the next three days.
- Diesel prices have increased by Rs. 1.91 to Rs. 393.66 per litre.
- Petrol prices have risen by Rs. 67 per litre since the beginning of the daily fuel rates update.
The federal government has announced that the price of motor spirit (MS) petrol will remain unchanged for the next three days, according to the latest update from the Oil and Gas Regulatory Authority (OGRA).
In contrast, diesel prices have been increased by Rs. 1.91 to Rs. 393.66 per litre, marking a significant hike since the beginning of the daily fuel rates update.
Since October 1, petrol prices have increased by Rs. 67 per litre, while diesel prices have risen by Rs. 70.36 per litre.
The price of petrol on October 23, 2026, stands at Rs. 377.71 per litre, following a decrease of Rs. 1.6 per litre on October 22, 2026.
Diesel prices have fluctuated significantly, with a notable increase of Rs. 1.64 per litre on October 22, 2026, bringing the price to Rs. 391.75 per litre.
The daily revisions in fuel prices reflect a complex interplay of global market conditions and government policy decisions.
Petrol prices have seen a steady increase, with the highest recorded price of Rs. 398.30 per litre on October 9, 2026, and the lowest of Rs. 343.87 per litre on September 1, 2026.
Diesel prices have also shown volatility, with the highest recorded price of Rs. 424.92 per litre on September 17, 2026, and the lowest of Rs. 342.02 per litre on August 28, 2026.
The government's decision to keep petrol prices stable for the next three days is aimed at providing some relief to consumers, while the increase in diesel prices reflects the ongoing challenges in the global fuel market.
