ISLAMABAD — Petrol will be Rs3.19 a litre cheaper in Pakistan from Wednesday, October 28, while high-speed diesel (HSD) will rise by Rs2.25 a litre, under a Petroleum Division notification reported by Dawn. Petrol falls to Rs376.06 a litre from Rs379.25, and diesel rises to Rs398.07 from Rs395.82, PakWheels reported, noting this is the fourth consecutive revision in which diesel has become more expensive.
Source: Dawn via Beflaz, Oct 27, 2026
The move reverses the previous day's revision, when petrol rose by Rs1.54 and diesel by Rs2.16. Fuel prices in Pakistan have been set daily by the Oil and Gas Regulatory Authority (Ogra) since July 17 because of swings in international markets, Dawn reported. A detailed breakdown of Ogra's October 28 publication, reported by KhabarWire, said the petrol cut came mainly from a fall in the customs-duty line on petrol, while every rupee of the diesel increase came from a higher Dubai crude average working through the formula; Ogra itself did not state why the two fuels diverged.
Source: KhabarWire, Pakistan petrol and diesel prices for 28 October 2026
Shehbaz–Rehman meeting: a committee, but no agreement on the levy
Following the price decision, JI chief Hafiz Naeemur Rehman met Prime Minister Shehbaz Sharif at the Prime Minister's House in Islamabad to press for removal of the fuel levies, Dawn reported. The two sides agreed to form a joint committee of three members each from the government and JI to recommend expanding the ongoing petrol relief scheme and to prepare feasible proposals for a phased reduction in the petroleum levy in the budget, the Prime Minister's Office said, in a statement reported by The Global Times. Deputy Prime Minister Ishaq Dar, Planning Minister Ahsan Iqbal and the prime minister's political adviser Rana Sanaullah will represent the government on the committee, the PMO said.
Source: The News International, Oct 27, 2026
The relief scheme, rolled out across the country on September 17, gives Rs100 a litre off petrol for owners of motorcycles, rickshaws and cars up to 800cc, and the prime minister told the JI delegation that 12.7 million people — yaani about 1.27 crore people — have registered for the subsidy so far, the PMO said.
March still on: 'We say abolish the levy; they say phased'
Rehman told reporters after the meeting that JI would no longer postpone its long march on Islamabad, which will now take place in mid-November, and that the party would keep mobilising across the country while talks continue, The News International reported. "We will no longer postpone the Islamabad march," he said. He said the prime minister had sought another seven to 10 days, and that both sides agreed greater relief should be provided, but differences remained over how: "We say the levy should be abolished; they say relief will be provided in phases," The News quoted him as saying. He urged the government to announce its package before the march begins.
Source: The News International, Oct 27, 2026
What is solid
- Petrol falls by Rs3.19 to Rs376.06 a litre and diesel rises by Rs2.25 to Rs398.07 from October 28, per the Petroleum Division notification reported by Dawn, PakWheels and other outlets.
- The government and JI agreed to form a six-member joint committee on expanding the relief scheme and on phased levy-reduction proposals, the PMO said.
What is only claimed
- JI says the petroleum levy should be abolished immediately; the government says relief and any levy cut will come in phases and sought 7–10 more days — Rehman's account, reported by The News.
- Government ministers attribute high fuel costs to international oil prices driven by the Middle East crisis; JI says the levy itself is disproportionately burdening middle- and lower-income families.
Diesel is the fuel of goods trucks, public transport and farm machinery in Pakistan, so a fourth straight diesel increase is expected to keep pressure on freight and food-transport costs even as petrol users get a small cut, Bloom Pakistan noted in its report of the notification. As background, Dawn has reported that austerity measures revived amid the Middle East energy turbulence include commercial markets closing by 9pm and a 50 per cent cut in fuel allocations for official vehicles for three months, and that fuel prices peaked earlier this year on April 3, when diesel reached Rs520.35 a litre and petrol Rs458.41.
Source: PakWheels, Petrol Price Drops, Diesel Moves Closer to Rs 400 Mark, Oct 27, 2026
The joint committee is to present final recommendations on widening the relief scheme and on a phased levy cut. JI says its mid-November Islamabad march will go ahead unless the government announces a major relief package before it.