Crude oil futures ended higher for third straight day on Thursday as signs that the worst effects of the Omicron variant might be more containable than previously feared were countered by new COVID-19 restrictions amid surging infections. Meanwhile, Novavax Inc's Covid-19 vaccine is effective in generating an immune response against the Omicron variant. Other Covid-19 vaccine manufacturers, including Pfizer Inc. and Moderna Inc., also reported increased immune responses to Omicron.
Benchmark crude oil futures for February delivery rose $1.03 or 1.4 percent to settle at $73.79 a barrel on the New York Mercantile Exchange. Brent crude for February delivery surged $1.36 or 1.81 percent to settle at $76.64 a barrel on London's Intercontinental Exchange.
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: