Oasis Petroleum Sharply Higher

Oasis Petroleum

shares are trading higher by $1 at $10.18 in Wednesday's session. The issue is getting a boost by the sharp rise in Crude Oil prices. After a higher open, it retreated but found support just above Tuesday's close ($9.18) and resumed its move higher. It has continued to make new highs for the day, with the current one standing at $10.24. That puts the issue, in a thinly traded area up to $10.58, which was the low from the last Thursday, when the issue gapped lower following the Brexit vote.