Govt raises petrol price by Rs1.85, diesel by Rs1.75

Pakistan’s ex-depot fuel prices increased from October 29, with petrol up Rs1.85 per litre and High-Speed Diesel (HSD) up Rs1.75. Mettis Global reported the revised rates at Rs377.91 per litre for petrol and Rs399.82 for HSD.

The previous prices, effective October 28, were Rs376.06 for petrol and Rs398.07 for diesel. The Ministry of Energy’s Petroleum Division said the revision was made under the federal pricing mechanism, while the report cited movements in international Platts rates, premiums and other costs as factors behind the change.

The new rates apply to ex-depot prices, rather than indicating a separate change in transport or retail margins. The adjustment puts both key fuels at higher benchmark prices for consumers and businesses from the effective date.