SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Crude oil futures end lower on Thursday

10 Feb 2023 Evaluate

Crude oil futures ended lower on Thursday as prospects of more interest rate hikes by the Federal Reserve weighed on oil prices. However, expectations of higher oil demand from China helped limit oil's downside. Rating agency Fitch has revised its forecast for China's economic growth in 2023 to 5% from 4.1% previously, saying that broader economic activity is recovering faster than initially anticipated after lifting of COVID-19 restrictions.

Benchmark crude oil futures for March delivery fell $0.41 or 0.5 percent at $78.06 a barrel on the New York Mercantile Exchange. Brent crude for April delivery dropped $0.90 or 1.06 percent at $84.19 (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: