MCX Evening Update: Crude oil recovers after testing lows near Rs 7K per barrel

MCX Crude oil futures edged up after testing lows around Rs 7000 per barrel in afternoon trades. The counter currently trades at Rs 7196 per barrel, up 1% on the day. The open interest in the counter has gained modestly. MCX Natural Gas is in red though, approaching lows near Rs 300 per mmbtu and currently trades down 0.75% at Rs 304.30 per mmbtu.

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