Crude oil futures settled lower on Thursday after Israel and the Palestinian militant group Hamas signed an agreement to cease fire in Gaza. The US President Donald Trump has announced that both sides have agreed on the first phase of the peace framework. The first phase includes the exchange of Israeli hostages and Palestinian prisoners, a withdrawal of Israeli troops from parts of Gaza, and permission for the entry of humanitarian aid into Gaza.
Benchmark crude oil futures for November declined $1.04 or 1.66% at $61.51 a barrel on the New York Mercantile Exchange. Brent crude for December delivery decreased $1.03 or 1.58% to settle at $65.22 a barrel on London's Intercontinental Exchange.
Start Research-backed Investing ...Now. Subscribe to Sapphire
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.
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.
MoneyWorks4Me ensures this through: