Speculators increased their positions driven by a firm trend at the spot market.
Participants widened their positions on firm spot demand.
The stock quoted a 52-week high of Rs 115.7 and a 52-week low of Rs 71.15.
Oil India Ltd., incorporated in the year 1959, is a Mid Cap company (having a market cap of Rs 12633.32 Crore) operating in Gas & Petroleum sector.
Brent crude was up 66 cents, or 1.1%, at $63.09 a barrel at 0004 GMT, after climbing to a session high of $63.44, the highest since Jan. 22, 2020.
The minister, however, said recently some initial positive things have been indicated by the oil producing countries.
Brent crude was up 38 cents, or 0.6%, at $61.52 a barrel by 11:06 a.m. ET (1606 GMT) having dropped to a session low of $60.35 earlier. US oil was up 22 cents, or 0.4%, at $58.46 after falling to a session low of $57.41.
On the National Commodity and Derivatives Exchange, refined soya oil for February delivery moved up by Rs 2.1, or 0.19 per cent, to Rs 1,126 per 10 kg in 15,160 lots.
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