Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Henry Khederian

Here's Why Camber Energy Shares Are Falling

Shares of energy companies, including Camber Energy Inc (NASDAQ:CEI), are trading lower as oil prices pull back amid Russia-Ukraine talks as well as increasing Chinese COVID cases.

Shares of smallcap energy penny stocks have been volatile in recent sessions on heavy volume. Volatility in the sector has spiked amid the Russia-Ukraine conflict, which has lifted oil and gas prices due to supply concerns. Oil prices gained last week after the US announced a ban on Russian oil, natural gas and coal imports.

See Also: Why Coupa Software Shares Are Falling Today

Camber Energy is active in the oil and gas market. The company operates exclusively in the onshore United States oil and natural gas industry.

Camber Energy is trading lower by 17.8% at $0.71.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.