ISLAMABAD, October 20, 2026: Pakistan has reduced petrol and high-speed diesel prices, with the revised rates taking effect on Tuesday, October 20. Petrol now costs Rs381.14 per litre, a reduction of Rs5.16, while high-speed diesel (HSD) costs Rs389.27 per litre, down Rs7.69, according to the Petroleum Division announcement reported by state broadcaster Radio Pakistan.
Petrol and diesel prices in Pakistan on October 20
Petrol
- Previous price (Rs/litre)
- 386.30
- New price (Rs/litre)
- 381.14
- Reduction (Rs/litre)
- 5.16
High-speed diesel
- Previous price (Rs/litre)
- 396.96
- New price (Rs/litre)
- 389.27
- Reduction (Rs/litre)
- 7.69
The previous and revised rates were also detailed by Business Recorder and The News.
What the reduction means for motorists
At the notified petrol rate, purchasing 20 litres costs Rs7,622.80, compared with Rs7,726 at the previous rate: a saving of Rs103.20. A 40-litre petrol purchase costs Rs15,245.60, saving Rs206.40. For 40 litres of high-speed diesel, the new total is Rs15,570.80, a reduction of Rs307.60. These are simple pump-price calculations, excluding any other charges.
Pakistan moves to daily fuel-price reviews
The latest adjustment comes as Pakistan moves to a daily fuel-pricing framework amid volatility in international energy markets. Under the reported system, the Oil and Gas Regulatory Authority (OGRA) publishes daily ex-depot prices based on a rolling seven-day average of international petroleum prices. Petroleum Minister Ali Pervaiz Malik said the mechanism aims to reflect global price movements more promptly, according to Geo News.
Fuel rates may change with subsequent notifications. Consumers should check the latest Petroleum Division notices and OGRA announcements rather than assuming the October 20 prices will remain in effect for an extended period.
Why fuel prices remain volatile
Changes in international petroleum prices and supply conditions continue to affect Pakistan’s domestic pricing decisions. The latest reduction provides some immediate relief to petrol and diesel buyers, but the daily review system also means future prices could move in either direction.
Sources: Radio Pakistan, October 20; Business Recorder, October 20; Geo News, October 19.
