SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Crude oil futures end significantly lower amid supply concerns

08 Jan 2026 Evaluate

Magnifying previous session’s losses, crude oil futures ended significantly lower on Wednesday amid concerns over access supply in the market. Trump is reportedly planning to sell Venezuelan crude oil worth up to $3 billion currently stored in tankers and reserve facilities. Meanwhile, the U.S. Energy Information Administration data showed that for the week ending January 2, crude oil inventories in the U.S. fell by 3.831 million barrels. For the same period, gasoline inventories jumped by 7,702,000 barrels, distillate inventories increased to 5,594,000 barrels, and heating oil inventories climbed by 672,000 barrels.

Benchmark crude oil futures for February delivery fell $1.14 or 2% to settle at $55.99 a barrel on the New York Mercantile Exchange. Brent crude for March delivery declined $0.74 or 1.22% to settle at $59.96 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:

×