SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Crude oil futures end lower on Monday

22 Dec 2020 Evaluate

Crude oil futures ended lower on Monday as reports saying a surge in a new strain of the coronavirus in the UK raised concerns about energy demand. A fast-spreading new coronavirus strain shut down much of the United Kingdom and disrupted international freight. According to reports, more than 16 million Britons are now required to stay at home as a full lockdown came into force in London and the southeast of England. The new variant of the virus is thought to be up to 70% more transmissible than the original strain of the disease. The World Health Organization said the same mutation of the Covid-19 virus has also been detected in the Netherlands, Denmark and Australia.

Crude oil futures for February fell $1.27 or 2.6 percent to settle at $47.97 a barrel on the New York Mercantile Exchange. February Brent crude dropped $1.40 or 2.7 percent to settle at $50.86 a barrel on London's Intercontinental Exchange.

About MoneyWorks4Me

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.

Our Vision

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.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: