Oil settled higher on Tuesday, finding support from expectations for a second weekly decline in U.S. crude supplies.
Prices scored a partial rebound from the sharp decline in oil seen a day earlier, when the rise of COVID-19 cases and potential for renewed activity restrictions in Europe fed a global equity selloff.
Tuesday’s oil-price rise was modest
Union Jack Oil plc (LON:UJO) is an onshore oil and gas exploration company with a focus on drilling, development and investment opportunities in the United Kingdom hydrocarbon sector.