Amid the fuel prices rising in India and amid a global hike in crude oil rates, Prime Minister Narendra Modi will hold talks with the chiefs of national and international oil and gas companies and other stakeholders on Monday to have a discussion about the emerging energy scenario.

Reports suggested that is likely to focus on challenges posed by hot-tempered oil prices and the US sanctions on Iran, set to come in force from November 4. The meeting will be coordinated by the Niti Aayog.

Organization of the Petroleum Exporting Countries (OPEC) secretary general Mohammed Barkindo, Indian petroleum minister Dharmendra Pradhan, Saudi oil minister Khalid A Al Falih, BP CEO Bob Dudley, Total head Patrick Fouyane, Reliance Industries Chairman Mukesh Ambani and Vedanta chief Anil Agarwal will present at the meet . This will also deliberate on ways to revitalize investment in oil and gas exploration and production.

Oil and Natural Gas Corporation (ONGC) chairman and managing director Shashi Shanker, Indian Oil Corporation (IOC) chairman Sanjiv Singh, Gas Authority of India Limited India head BC Tripathi, Hindustan Petroleum Corp Ltd (HPCL) chairman Mukesh Kumar Suran, Oil India Limited (OIL) chairman Utpal Bora and Bharat Petroleum Corp Ltd (BPCL) chairman D Rajkumar are also expected to attend the meet.

Today also Petrol and diesel prices in the national capital Delhi are Rs 82.72 per litre and Rs 75.46 per litre increased by Rs 0.08 respectively while Petrol and diesel prices in Mumbai are Rs 88.18 per litre and Rs 79.11 per litre increased by Rs 0.09, respectively.