Govt further increases petrol price by Rs2.31, diesel by Re0.78 per litre

Business Recorder reported that the government raised petrol prices by Rs2.31 per litre, lifting the rate to Rs398.96, while high-speed diesel (HSD) rose by Rs0.78 to Rs395.72 per litre. The revised rates take effect on Friday, October 9, 2026.

A Petroleum Division notification shows petrol rose from Rs396.65 and diesel from Rs394.94 per litre. The division attributed the change to global developments, including Platts quotations, premiums and incidentals. On Wednesday, petrol had gone up by Rs1.82 per litre while diesel was cut by 91 paisa.

Globally, oil prices climbed on Thursday amid persistent concerns over Middle East supply, after vessels faced more assaults in the Gulf and around the Strait of Hormuz. US producers also cut output as a hurricane threatened offshore production. Brent crude futures rose $4.55, or 4.54 per cent, to $104.75 a barrel by 1205 GMT, a high not reached in more than a week, while WTI gained $4 to $92.28.