Oil prices regain losses

Oil prices recouped some of last week’s losses on Monday as a potential snag emerged in reviving the 2015 Iran nuclear deal that could add more oil supply, with indirect talks between Washington and Tehran due to resume this week.

Brent crude oil futures for July rose 38 cents, or 0.6%, to $66.82 a barrel by 0501 GMT, while U.S. West Texas Intermediate for July was at $63.96 a barrel, up 38 cents, or 0.6%.

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.

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