The federal government has revised fuel prices for Friday, October 9, raising petrol by Rs2.31 per litre and high-speed diesel by 78 paisas per litre under the daily pricing mechanism. After the change, petrol sells at Rs398.96 per litre, while high-speed diesel is priced at Rs395.72 per litre across the country.
The Petroleum Division notified the new rates for October 9 after the Oil and Gas Regulatory Authority revised the ex-depot prices of petroleum products. The government said the revision follows movements in the international market, including Platts rates, premiums and other applicable costs that feed into the import price of fuel sold in Pakistan.
What changed on October 9
Petrol has moved up from Rs396.65 per litre on October 8 to Rs398.96 per litre on October 9, an increase of Rs2.31. High-speed diesel has risen from Rs394.94 to Rs395.72 per litre, up by 78 paisas. With this adjustment, petrol has moved closer to the Rs400 per litre mark, while diesel remains below that level for now.
This is the second daily adjustment in a row in which petrol has become more expensive. On October 8, petrol had risen by Rs1.82 per litre, while diesel had fallen by 91 paisas on the same day. The direction changed for diesel on October 9, with both fuels moving up together, which shows how quickly the daily calculation can turn when the seven day international average shifts.
Readers tracking the sequence can compare today rates with the petrol and diesel prices notified for October 8, which set the base from which the October 9 increase was calculated.
How daily pricing works
Under the framework described by the government, daily prices are based on an average of international market prices over the previous seven days. Petroleum Minister Ali Pervaiz Malik has said the method follows international practice and is meant to pass market movements through in smaller, more frequent steps instead of holding prices and then changing them in one larger jump.
OGRA issues the daily ex-depot prices for petrol and high-speed diesel, and it has also begun publishing daily petroleum prices on its website so consumers can check the notified rate directly. Prices notified on Fridays remain unchanged on Saturdays and Sundays under the arrangement, so the rate set for October 9, a Friday, will carry through the weekend unless the government announces a separate change.
Because imported fuel is priced in dollars, readers can also check the USD to PKR exchange rate today for the other half of the import cost picture.
Why prices are moving every day
The shift to daily pricing came after renewed hostilities in the Middle East increased volatility in global oil markets. Pakistan first moved from fortnightly revisions to a weekly system earlier in the conflict, and then, on July 17, the government announced that petroleum product prices would be reviewed and notified daily, replacing the weekly mechanism, because of continued fluctuations in international rates.
That background is why a small change of Rs2.31 on petrol and 78 paisas on diesel is now a daily event rather than a fortnightly announcement. When global rates move for several days in the same direction, the seven day average pulls the local ex-depot price with it, and when the average steadies, the daily change becomes smaller or can reverse, as diesel did on October 8 before rising again on October 9.
More reporting on fuel, trade and the wider economy can be found in our Pakistan business and economy news coverage, including the separate track of talks with international lenders that shapes the fiscal space behind fuel taxation.
What the October 9 change means
For a petrol user, the October 9 increase adds Rs2.31 to every litre bought from Friday. A motorcyclist filling a small tank will feel a modest increase, while a motorist filling a full car tank will pay noticeably more than on October 8 for the same number of litres, even though the per litre change looks small on its own.
For transport and agriculture users who depend mainly on high-speed diesel, the 78 paisa rise adds a smaller amount per litre. Goods transport charges tend to respond over time rather than after a single daily revision, so this is more a direction signal than an immediate fare change.
The next daily revision will show whether petrol stays just below Rs400 or crosses it, and whether diesel follows the same path. For now, the confirmed prices for October 9 are Rs398.96 for petrol and Rs395.72 for high-speed diesel across Pakistan, as notified by the Petroleum Division. Readers who follow pump rates daily can also browse the latest prices in Pakistan section for other notified rates.
