Pakistan fuel stocks stable amid global oil volatility

March 10, 2026 (MLN): The government’s committee overseeing petroleum pricing and energy preparedness reviewed the country’s fuel stock position and global supply developments amid ongoing regional uncertainties.

The Committee to Monitor Petrol Prices, formed by the Prime Minister and chaired by Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb, held another session to evaluate the latest developments in the energy sector and assess Pakistan’s readiness to respond to potential supply disruptions.

During the meeting, presented a detailed briefing on the country’s petroleum product reserves, including crude oil and refined fuels.

The committee was informed about current stock levels, import arrangements and supply chain logistics.

Authorities also shared updates on shipments already on the way to Pakistan and additional cargoes being arranged to further strengthen national reserves.

The committee noted that fuel stocks across the country remain at satisfactory levels and supply chains are operating without disruption.

Multiple import arrangements are in place to ensure steady fuel availability in the coming weeks.

Members were also briefed on recent movements in international crude oil and refined petroleum product prices.

Global energy markets have experienced sharp fluctuations in recent days due to geopolitical developments in the region.

The committee reviewed benchmark crude price trends and other international indicators while discussing possible scenarios for global energy markets.

The government is closely tracking international oil price movements and conducting continuous assessments to protect Pakistan’s energy security and economic stability.

The meeting also reviewed operational arrangements for crude oil imports, refinery operations and maritime transportation.

Officials highlighted ongoing coordination with international suppliers and shipping companies to ensure smooth cargo handling and uninterrupted refinery activity.

The committee emphasized maintaining optimal refinery operations and strong coordination among all stakeholders to ensure a stable fuel supply nationwide.

In addition to supply management, the meeting examined several energy conservation and demand management measures designed to reduce pressure on fuel imports during periods of global market volatility.

These measures include improving fuel efficiency, operational adjustments and conservation initiatives within the public sector.

Participants were also informed about concerns raised by stakeholders from the aviation and logistics sectors. The committee directed relevant authorities to conduct a detailed review of these issues and present recommendations at the next meeting.

The session further discussed coordination between the federal government and provincial authorities to closely monitor fuel availability and prevent supply disruptions.

Provinces shared updates on inspection drives at petrol pumps, while federal officials briefed participants on the development of a digital monitoring dashboard to track petroleum stock levels and retail supply conditions across the country in real time.

Chairing the meeting, Finance Minister Muhammad Aurangzeb reiterated that ensuring uninterrupted availability of petroleum products remains the government’s top priority.

He noted that despite volatility in global energy markets, Pakistan’s fuel supply position remains stable due to proactive planning and coordinated efforts across relevant ministries.

The finance minister added that the committee will continue to review international market developments, domestic stock levels and supply chain conditions on a daily basis to ensure timely policy responses.

He reaffirmed the government’s commitment to maintaining market stability, protecting national energy security and ensuring smooth fuel supply during the evolving global situation.

The meeting was attended by Federal Minister for Petroleum Ali Pervaiz Malik, Federal Minister for National Food Security Rana Tanveer Hussain, Federal Minister for Commerce Jam Kamal Khan, Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhary, Minister of State for Finance Bilal Azhar Kayani, along with senior officials from relevant ministries and regulatory bodies.

Copyright Mettis Link News