Oil prices headed upwards on Tuesday, October 27 after the upgrading of Tropical Storm Zeta into Hurricane Zeta.
Although some companies, such as Chevron, had already started to evacuate non-essential staff from offshore platforms in the Gulf of Mexico over the weekend, Monday witnessed a more comprehensive withdrawal as the situation intensified.
Union Jack Oil plc (LON:UJO) is an onshore oil and gas exploration company with a focus on drilling, development and investment opportunities in the United Kingdom hydrocarbon sector.