Oil prices extended gains on Monday, propped up by a weaker dollar and tight supplies that offset concerns about recession and the prospect of widespread COVID-19 lockdowns in China again reducing fuel demand.
Brent crude futures for September settlement rose $2.54, or 2.5%, to $103.70 a barrel by 0648 GMT, after a 2.1% gain on Friday.
U.S. West Texas Intermediate (WTI) crude futures for August delivery gained $2.31, or 2.4%, to $99.90 a barrel, after climbing 1.9% in the previous session.
Zephyr Energy plc (LON:ZPHR) is an investment platform formed to aggregate responsibly-developed, economically-attractive oil and gas interests in the Rocky Mountain region of the United States.