Oil rose more than $1 a barrel on Thursday, extending gains from the previous session, buoyed by improved risk appetite among investors as lower crude inventories and a rebound in gasoline demand in the United States supported prices.
Brent crude futures for September rose $1.64, or 1.5%, to $108.31 a barrel, after gaining $2.22 on Wednesday.
U.S. West Texas Intermediate crude (WTI) was at $99.14 a barrel, up $1.88, or 1.9%, after rising $2.28 in the previous session.
Egdon Resources plc (LON:EDR) is an independent onshore focused oil and gas exploration and production business. An established oil and gas exploration and production business with 41 licences in proven oil and gas producing basins in the UK.