Private sector refiner Essar Oil on Tuesday hiked prices of petrol and diesel by Rs 1-2.50 a litre and Rs 1-2 a litre respectively as international crude oil prices has risen to a seven-month high of USD 71 a barrel.
Depending on the location of a fuel station, Essar Oil will accordingly sell petrol at between Rs 45.85 to Rs 47.35, while diesel will be sold at between Rs 35.45 to Rs 36.45 in Mumbai. However, there will be no hike on fuel retailed in
The company till Tuesday sold petrol and diesel at rates at par with state-run refiners Indian Oil Corporation, Bharat Petroleum and Hindustan Petroleum. Oil PSUs sell petrol at Rs 44.85 per litre in Mumbai and Rs 40.62 per litre in
The Ruias-led company does not operate any petrol station in
| Company Name | CMP |
|---|---|
| Reliance Industries | 1362.60 |
| Indian Oil Corp. | 147.00 |
| BPCL | 316.00 |
| HPCL | 379.20 |
| MRPL | 180.00 |
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