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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Imperial Petroleum is a provider of international seaborne transportation services to oil producers, refineries and commodities traders.
According to data from Benzinga Pro, Imperial Petroleum has a 52-week high of $9.70 and a 52-week low of $0.40.
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New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.