The federal government is considering keeping petroleum prices unchanged despite rising international oil rates.

Recent data suggest high-speed diesel (HSD) could increase by around Rs56 per litre, and petrol by approximately Rs41 per litre, while kerosene and light diesel oil may rise by Rs7 and Rs53 per litre, respectively. Current retail prices stand at over Rs322 for petrol and Rs337 for diesel.

Authorities are examining the use of nearly Rs389 billion in emergency allocations to mitigate the impact of global price increases and prevent further hikes in the coming weeks.

The next official petroleum price review is scheduled for March 15, though officials may announce adjustments earlier based on international market trends.

To manage domestic supply and conserve resources, the government is also planning industrial gas adjustments and possible rationing later in the year to ease electricity demand and protect foreign exchange reserves.

Current petrol and diesel stocks are sufficient for roughly three weeks, but diesel imports may face delays due to longer shipping times on alternative routes. Saudi Arabia is providing support with crude oil supplies to help local refineries maximize diesel production.