Commodity Radar: Why chasing current crude oil rally may backfire — Anand Rathi expert maintains ‘Sell’ on rise

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Crude oil prices rebounded sharply on Wednesday, driven by expectations of a smaller-than-expected OPEC+ output hike for October. October futures rose 1.4% to ₹5,554 per barrel, while WTI gained 0.97% to $62.33 and Brent climbed 0.86% to $66.01.