SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Crude oil futures end higher on Thursday

06 Jan 2023 Evaluate

Crude oil futures ended higher on Thursday after data showed gasoline and distillate stockpiles dropped in the week ended December 30th. The Energy Information Administration (EIA) data showed gasoline stocks in the U.S. dropped by 346,000 barrels last week, compared with an expected drop of 486,000 barrels. Meanwhile, distillate stockpiles fell 1.4 million barrels in the week versus expectations for a drop of 396,000 barrels. However, EIA data showed Crude inventories in the U.S. rose by 1.7 million barrels last week versus an expected increase of 1.2 million barrels.

Benchmark crude oil futures for February delivery rose $0.83 or 1.1 percent at $73.67 a barrel on the New York Mercantile Exchange. Brent crude for March delivery gained $0.94 or 1.2 percent at $78.78 a barrel (provisional) 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: