Oil prices rose for a third day on Wednesday as the easing of lockdowns in the United States and parts of Europe heralded an increase in fuel demand over the summer months and offset concerns about rising COVID-19 infections in India and Japan.
Brent crude was 69 cents, or 1%, higher at $69.57 a barrel at 1335 GMT. U.S. West Texas Intermediate (WTI) crude rose 61 cents, or 0.9%, to $66.30 a barrel.
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.