SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Crude oil future settle higher on Tuesday

30 Nov 2022 Evaluate

Crude oil futures ended higher on Tuesday on hopes the Chinese government will consider relaxing its zero-Covid policy sometime soon.  China reported the first decrease in new Covid infections in more than a week on Monday, generating some positive sentiment. Chinese health officials also released a plan to boost vaccinations for elderly people and said they are closely watching the virus as it evolves and mutates. Further, investors are also hoping the Organization of the Petroleum Exporting Countries and their allies, known collectively as OPEC+, will look to support prices. The group is scheduled to meet later this week.

Benchmark crude oil futures for January delivery rose $0.96 or about 1.2 percent at $78.20 a barrel on the New York Mercantile Exchange. Brent crude for January delivery gained $0.68 or about 0.82 percent to settle at $84.57 (Provisional) 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: