The federal government has decided to keep petroleum product prices unchanged, ending public hopes of a reduction. The decision was taken after consultations between the petroleum division and the prime minister.

A new notification has been issued for the next 15 days. According to it, petrol will continue to sell at Rs253,17 per litre, while high-speed diesel will remain priced at Rs257,08 per litre.

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Earlier, reports had suggested a possible reduction in fuel prices. Petrol was expected to become cheaper by Rs4,59 per litre, while high-speed diesel was likely to see a cut of Rs2,70 per litre.

There were also expectations of price reductions in other fuels. Kerosene prices were projected to drop by Rs1,82 per litre, and light diesel oil by up to Rs2,08 per litre.

These expected cuts were linked to a fall in global crude oil prices, reduced customs duty, and fluctuations in currency rates. Many believed local fuel prices would reflect these changes.

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On January 11, petrol prices in the international market fell by 2.74 dollars per barrel to 66.54 dollars per barrel. Despite this drop, the government chose not to revise domestic fuel prices.

People were expecting fuel relief this time. Global oil prices had shown a clear decline. The decision may increase public frustration. Fuel costs will remain a pressure on households.