Oil prices rise by 1%

Oil prices rose by 1 percent early on Monday, driven by expectations that recovering demand with summer travel and reopening economies will easily accommodate the gradual increase in OPEC+ production.

As of 10:16 a.m. EDT on Monday, WTI Crude was up 1.45 percent at $67.28, and Brent Crude was trading up 1.43 percent at $69.69, while equity markets in the United States and the UK are closed due to bank holidays.

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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