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ICICI Securities is bullish on Oil India has recommended buy rating on the stock with a target price of Rs 580 in its ...

Oil edged higher in early Asian trade. Crude oil has rebounded recently amid signs of tightening supplies, ANZ said.

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Goldman's analysts also said higher Russian and Iranian liquids supply of late equates to an increase of only about 200,000 b/d and focused on "sanctions-driven frictions" for oil from both countries.