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Benzinga

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Henry Khederian

Why Imperial Petroleum Shares Are Rising

Imperial Petroleum Petroleum Oil Imperial Petroleum Inc Nasdaq

Shares of small-cap penny stock Imperial Petroleum Inc (NASDAQ:IMPP) are trading higher by 16.82% at $0.78. Energy names have been volatile amid the Russia-Ukraine conflict, which has lifted oil and gas prices due to supply concerns.

Several energy companies at large are also trading higher in sympathy with the increase in oil prices.

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