Oil prices advanced on Tuesday, 14 September in Asia, as concerns about US supply heighten with a fresh tropical storm heading to energy belt, Texas and Louisiana.
Brent crude oil futures, the international benchmark, rose by 0.54% to $73.91 a barrel, while US West Texas Intermediate (WTI). Oil markets shrugged off the Organization of the Petroleum Exporting Countries’ softer demand forecast for the last quarter of this year.
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.