Oil prices hovered near their highest levels since mid-April after top producers Saudi Arabia and Russia pledged to extend supply cuts through September, further tightening supplies.
Prices have seen a sustained rally, with both key benchmarks notching up their sixth consecutive weekly gains last week.
On Monday, Brent crude futures slipped 24 cents to $86 a barrel by 0820 GMT, while U.S. West Texas Intermediate crude was at $82.55 a barrel, down 27 cents.
Wildcat Petroleum plc (LON:WCAT) was incorporated in early 2020, with plans to work and invest in the upstream sector of the petroleum industry – namely exploration, appraisal, development and production of oil and gas.