India, Dec. 2 -- Crude oil futures traded higher on MCX as participants enlarged their positions following firm trend at overseas markets after China's official Manufacturing Purchasing Index (PMI) released on Saturday came in at 50.2, showing expansion for the first time in seven months and indicating an increase in fuel demand, while the private Caixin/ Markit PMI came in at 51.8, up from 51.7 in October and higher than the expected 51.4. Crude oil prices improved further amid the latest comments on production cuts from Iraq as market participants await OPEC's meet later this week.

The contract for December delivery was trading at Rs 4023.00, up by 1.08% or Rs 43.00 from its previous closing of Rs 3980.00. The open interest of the contra...