Fuel prices hiked in international market due to US elections: Pradhan

Union Minister of Petroleum and Natural Gas, Dharmendra Pradhan on Sunday said there has been a rise in fuel prices in the international market because of the recent elections in America and other reasons.

“There has been a rise in fuel prices in the international market because of recent elections in America and other reasons,” said Pradhan.

“Recently, OPEC has decided to increase production. We expect the fuel prices to stabilise soon,” he added.

Pradhan on Sunday interacted with officials of Indore Municipal Corporation, officials of the state unit of Indian Oil and several stakeholders from the industry. Had insightful discussions on the efforts of IMC in waste segregation & management to ensure a clean environment for better public health, he added.