Crude oil futures bounced back on Tuesday, posting its largest one-day gain in three weeks, amid concerns that the conflict in Syria will escalate and there were possibility of disruptions to energy output in the region, after Turkey said it shot down a likely Russian jet after it crossed into Turkish airspace. Meanwhile, NATO called an emergency meeting on Tuesday afternoon after the Turkish F-16 jet plane shot down the Russian jet.
Benchmark crude oil futures for January delivery surged by $1.17 or 2.80 percent to $42.92, after trading in a range of $41.84 and $43.45 a barrel on the New York Mercantile Exchange. In London, Brent crude for January delivery closed at $46.16, up by $1.33 or 3.00 percent on the ICE.
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: