Oil prices rose on Tuesday, with Brent gaining for a fourth consecutive session, as the prospect of extra supply coming to the market soon from Iran faded with talks dragging on over the United States rejoining a nuclear agreement with Tehran.
Brent crude LCOc1 was up by 43 cents, or 0.6%, at $73.29 a barrel by 0134 GMT, having risen 0.2% on Monday. U.S. oil CLc1 gained 41 cents, or 0.6%, to $71.29 a barrel, having slipped 3 cents in the previous session.
Valeura Energy Inc (LON:VLU) is an upstream oil & gas company, with a clear strategy to add value for shareholders. The Company has a strong balance sheet positioning it for potential inorganic growth opportunities in the near/medium-term, and substantial longer-term upside potential through an operated deep, tight gas play.