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Oil marketing firms BPCL, HPCL and Indian Oil will remain in focus as crude oil prices are heading for a third straight week of gains.
Despite persistent oversupply, Brent crude (in London) was trading at $44.60 a barrel while WTI crude (at NYMEX) was ruling at $43.32.
Crude is up more than two-thirds since its January-February lows.
Analysts will also focus on ONGC, Reliance Industries and Cairn India, as rising crude price may impact their refinery margins.
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