Monday, 14 February 2011
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Oil marketers shares rise on lower crude
Shares of state-run oil marketing companies were higher after international crude oil prices were trading near a a 10-week low, several dealers said.
Crude fell as tension in the Middle East region dissipated following the resignation of Egyptian President Hosni Mubarak.
At 1.09 p.m., shares of Indian Oil Corp. , Hindustan Petroleum Corp . and Bharat Petroleum Corp. were all up more than 4 percent.
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