Oil prices and stocks head higher

Oil prices rebounded from recent lows on Monday morning in London, moving higher alongside major stock indexes. 

Oil had suffered its worst losing streak since February 2018 in recent weeks, as fears about a slowing pace of economic recovery from the coronavirus set in. 

Confidence has somewhat returned, with Brent crude futures up 2.1% to trading at $66.56 (£48.77) to the barrel by 8.15am in London. Crude futures were also 2% higher, hitting $63.36 to the 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.

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