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Benzinga
Benzinga
Business
Henry Khederian

Why Imperial Petroleum Shares Are Rising Today

Imperial Petroleum Petroleum Imperial Petroleum Inc Nasdaq

Shares of small-cap penny stock Imperial Petroleum Inc (NASDAQ:IMPP) are trading higher by 8.74% at $0.59. Imperial Petroleum shares are trading higher on above-average volume as the stock trends across social media platforms. 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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