Oil prices rose more than $2 a barrel on Monday, extending gains as investors eyed possible moves by OPEC+ producers to cut output and support prices at a meeting later in the day.
Brent crude futures advanced by $2.43, or 2.6%, to $95.45 a barrel by 0850 GMT after rising 0.7% on Friday. U.S. West Texas Intermediate crude was up $2.21, or 2.5%, at $89.08 after a 0.3% gain in the previous session.
U.S. markets are closed for a public holiday on Monday.
Echo Energy plc (LON:ECHO) is a full cycle, exploration led, oil and gas focused AIM-listed E&P with an exciting asset base in Latin America.