Oil prices advanced, supported by Saudi Arabia’s move to raise its crude oil price for December and the Organization of the Petroleum Exporting Countries’ decision to stick to its output plan, but the US’s plan to tame high oil prices limit gains.
Brent crude oil futures rose 0.11% to $83.52 a barrel on Tuesday, while US crude oil West Texas Intermediate (WTI) was up 0.11% to $82.01/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.