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Govt expects oil import bill to cross $100 billion mark after three years
The price of petrol breached a three-year high on Monday at Rs 74.50 a litre, while the price of diesel was at its highest at Rs 65.75 a litre
Oil import bill to jump 25% to Rs 5.65 trn in FY18 as crude prices surge
India relies more than 80 per cent on imports to meet its oil needs