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BPCL, HPCL, IOC appear bullish on the charts despite a surge in oil prices

Brent oil prices rallied on Monday, surging past the $70 a barrel mark after the largest-ever disruption of crude production in Saudi Arabia amid drone attacks on its key facilities. The disruption, analysts say, may keep oil prices elevated in the near term.  ALSO READ: Brent oil sees biggest intra-day jump in 28 years. Can the up move sustain?   "Global oil supplies may be adequately met through large inventories and strategic reserves; however, moderation in oil prices will depend on full restoration of Saudi’s production, which may at least take.....

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