SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Crude oil futures end lower on Thursday

23 Dec 2022 Evaluate

Crude oil futures ended lower on Thursday as the dollar advanced on rate hike bets. Fears about the Fed continuing with its interest rate hikes, and a surge in Covid-19 cases in China raised concerns about the outlook for energy demand, outweighing recent data showing a drop in crude inventories. However, prices rose earlier in the session on inventory data, and news that a powerful winter storm will bring dangerous cold, heavy snow and flash freezing across the central and eastern U.S. through the rest of the week.

Benchmark crude oil futures for February delivery fell $0.82 or 1.02 percent at $77.49 a barrel on the New York Mercantile Exchange. Brent crude for February dropped $0.79 or 0.96 percent to settle at $81.41 (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: