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Fuel prices rising as crude-producing nations raising prices: Pradhan

Union Petroleum Minister Dharmendra Pradhan on Thursday said petroleum products in the country are getting costlier due to rising prices of crude by oil-producing nations. In order to earn more profit in the interest of their countries, crude-supplying countries are increasing the prices of crude, said Pradhan while speaking to reporters here on the rise in the prices of petroleum products like petrol and diesel in India. He said crude-supplying countries have been requested to desist from the hike in crude prices as it directly affects consumers. They have created an artificial increase in the interest of their own country, he added.

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