New Delhi Jan 19 (ANI): The rise in Indian basket of imported crude oils pushed the petrol price in the national capital to Rs 71.56 a litre, its highest level in over three years. The diesel price is at a record high while petrol price is the highest since August 2014. As per daily revision, petrol prices were hiked by 11-13 paise per litre while diesel prices increased by 18-19 paise per litre. Petroleum products do not come under the Goods and Services Tax (GST) and prices vary at locations according to state taxes. Several global factors like production curbs and high demand have led to a surge in crude oil prices to a three-year high. As on January 18, it hovered around $70 a barrel. In the international market, crude oil prices pulled back from three-year highs.
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