Oil prices edged higher on Tuesday, as tight supply and expectations of a further draw in U.S. and global crude inventories provided support.
However, capping gains, U.S. inflation data for June came in hotter than expected, raising the prospect that inflationary concerns are set to linger.
Brent crude gained 32 cents to US$75.48 a barrel, while U.S. West Texas Intermediate crude rose 13 cents to US$74.23 a barrel.
Serinus Energy plc (LON:SENX) is an international oil company with operations in Romania and Tunisia. The focus of the Company is to enhance shareholder value by growing oil and gas production through the efficient allocation of capital.