Petrol price in Pakistan today: Rs381.14 a litre after Rs5.16 cut, diesel down Rs7.69

Good news at the pump: petrol is cheaper again from today, Tuesday, October 20, 2026.

The Petroleum Division announced that petrol has been cut by Rs5.16 per litre and high-speed diesel by Rs7.69 per litre. The Oil and Gas Regulatory Authority (OGRA) revised the prices under the federal government’s pricing mechanism.

New fuel prices (from October 20)

Fuel	Old price	New price	Change
Petrol	Rs386.30	Rs381.14	-Rs5.16
High-speed diesel	Rs396.96	Rs389.27	-Rs7.69

Second cut in days

This follows another cut announced on Friday, October 16, when petrol was reduced by Rs3.93 to Rs386.30 and diesel was left unchanged. Together, petrol has fallen by more than Rs9 a litre in under a week.

Why prices fell

The Petroleum Division said the change reflects developments in international markets, including movements in Platts rates, premiums and incidental costs. Aaj News also noted that global oil prices dropped by more than $1 a barrel on Monday after a recent rally.

What this means for you

• Motorcycle (10 litres): about Rs52 saved per fill.
• Small car (35 litres): about Rs181 saved per fill.
• Diesel truck or tractor (100 litres): about Rs769 saved.

The bigger effect may come from diesel. It powers goods transport, tractors and many buses, so a cut of nearly Rs8 can ease costs that eventually show up in fares and food prices, if transporters pass it on.

Taxes are still high

The cuts don’t change the heavy taxes on fuel. According to Bloom Pakistan, the government still collects about Rs114 per litre on petrol and Rs100 per litre on diesel in taxes and duties. That’s roughly 30% of what you pay for every litre of petrol.

With tensions in the Middle East still pushing oil prices up and down, further changes are likely. We’ll update this page when the next prices are announced.