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Government Adjusts Fuel Prices: Petrol Up, Diesel Down in Latest Notification

October 1, 2026 • 1 hour ago •

ISLAMABAD: The federal government has announced a revision in fuel prices, effective for the next 24 hours, with petrol prices increasing while diesel prices have been reduced. This decision follows approval from the Oil and Gas Regulatory Authority (OGRA) and will take effect from midnight.

The Petroleum Division issued a notification detailing the new prices, which reflects the government’s ongoing adjustments to align fuel costs with international market trends. Officials stated that the price of petrol will see an increase, while diesel will become cheaper, a move aimed at easing the financial burden on consumers.

This adjustment in fuel prices is significant for citizens, as it directly impacts transportation costs and the overall cost of living. Economists suggest that while the decrease in diesel prices may provide some relief, the increase in petrol prices could lead to higher inflationary pressures in the economy, affecting daily expenses for many households.

Looking ahead, the government is expected to monitor the situation closely, with further reviews of fuel prices anticipated in the coming weeks. Stakeholders are urged to prepare for potential fluctuations as global oil prices continue to be volatile.