Govt cuts petrol price by 66 paisas, raises diesel by 52 paisas for October 10-12

Profit by Pakistan Today reported that the federal government has lowered petrol by Re0.66 to Rs398.30, while diesel rises 52 paisas to Rs396.24. Both revised rates apply from October 10 until October 12, 2026. The Oil and Gas Regulatory Authority carried out the ex-depot revision, as set out in a Petroleum Division notification issued on Friday.

Before the change, petrol was priced at Rs398.96 and diesel at Rs395.72. The Petroleum Division linked the moves to developments in global markets, pointing to Platts quotations along with premiums and other incidentals. The revision follows Thursday's increase of Rs2.31 on petrol and Re0.78 on diesel.

Petrol powers motorbikes and private cars, while diesel is central to heavy haulage, agriculture and logistics. The government's current pricing framework allows regular changes to domestic fuel rates in step with overseas market trends.