Dharmendra Pradhan (File photo)
This time, Petroleum Minister Dharmendra Pradhan has given a statement about rising oil prices.
Oil prices are increasing due to high demand
Talking to the media in Varanasi, the oil minister said that in April last year, major oil producing countries decided to cut production, as there was a huge drop in demand due to Corona virus epidemic. These countries are producing less fuel in a bid to earn more. While the production of fuel is still being reduced. The demand for fuel has increased at this time. The reason for this is that now the situation of corona virus was not the same as before. Petrol and diesel prices have increased in the country due to increasing demand.
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When asked about the prices of petrol, diesel and gas in the country, when asked, Pradhan said that it cannot be estimated but the prices of cooking gas, diesel and petrol can be reduced till March or April.
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On Friday, Union Minister Dharmendra Pradhan had said that the price of oil will decrease as soon as the winter season is over. He said that prices are high due to increasing demand. This often happens in winter. He assured that soon the price will come down.