SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Crude oil futures end higher on Tuesday

29 May 2024 Evaluate

Crude oil futures ended higher on Tuesday amid expectations of pick up in oil demand in the U.S. driving season, and on hopes the Organization of Petroleum Exporting Countries and allies, collectively known as OPEC+, will decide to extend their production cuts into the next quarter. It is widely expected that OPEC+, which is set to meet on June 2nd, will extend voluntary output cuts of 2.2 million barrels per day into the second half of the year. 

Benchmark crude oil futures for July delivery rose $2.11 or about 2.7% to settle at $79.83 a barrel on the New York Mercantile Exchange. Brent crude for July delivery gained $1.30 or about 1.58% to $84.18 per 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:

×