After a steep hike in the prices of petrol and diesel in India, Union Petroleum Minister Dharmendra Pradhan on Sunday expressed hope that the fuel price would stabilise after OPEC’s meeting. “Two days ago, OPEC decided to increase the crude oil production by 5 lakh barrels a day. We are going to benefit out of it. We are of the view that the (fuel) price would stabilise,” Pradhan said.

The Opposition, Congress party has demanded that the hike in the prices of petrol and diesel to be rolled back as the crude oil prices have tumbled in the international market. 

“When the price of crude oil shoots up in the international market, it sparks fuel price rise in India,” the minister said.

Pradhan said the US elections and internal problems in some countries have triggered fuel price rise.

As of Sunday, the price of petrol in Delhi is at Rs 82.86 per litre while diesel is priced at Rs 73.07 per litre.

Pradhan, who has been on a two-day visit to Madhya Pradesh since Saturday along with his family, visited the garbage processing plants in Indore, which got the ‘cleanest city’ tag for the fourth time in a row earlier this year.