
Camber Energy Inc (NASDAQ:CEI), Indonesia Energy Corp Ltd (NASDAQ:INDO) and Imperial Petroleum Inc (NASDAQ:IMPP) shares are all trading higher Monday amid continued momentum and an increase in the price of oil.
Shares of smallcap penny stocks are also trading higher in recent sessions on heavy volume. Energy names have been volatile amid the Russia-Ukraine conflict, which has lifted oil and gas prices due to supply concerns.