SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Crude oil futures end sharply lower on Friday

25 Nov 2023 Evaluate

Crude oil futures ended sharply lower on Friday as traders awaited meeting of the Organization of Petroleum Exporting Countries and allies (collectively known as OPEC+) next week. OPEC+, originally scheduled to meet on November 26th, announced earlier this week that the meeting has been postponed to November 30th. The meeting has reportedly been postponed as oil producers are struggling to come to a consensus on production levels. Besides, slightly easing geopolitical concerns following the release of some hostages in Gaza eased concerns about supply interruptions and contributed a bit to the drop in oil prices.

Benchmark crude oil futures for January delivery fell $1.56 or about 2 percent to settle at $75.54 a barrel on the New York Mercantile Exchange. Brent crude for January delivery dropped $0.84 or nearly 1 percent to settle at $80.58 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: