India, Nov. 22 -- Crude oil futures traded higher on MCX, tracking firm trend at overseas markets after Saudi Arabia denied a media report of an increase in oil supply with OPEC and its allies. However, some gains were capped by worries over surging Covid-19 cases in top importer China and a potential global recession, which could damp fuel demand globally. The contract for December delivery was trading at Rs 6609.00, up by 0.43% or Rs 28.00 from its previous closing of Rs 6581.00. The open interest of the contract stood at 13735 lots.The contract for January delivery was trading at Rs 6625.00, up by 0.39% or Rs 26.00 from its previous closing of Rs 6599.00. The open interest of the contract stood at 645 lots on MCX.

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