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Royale Energy dips 12% as the price of crude oil slides lower

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Royale Energy Inc. (Nasdaq:ROYL) is down 12% today as a result of the price of crude oil dropping from last week's record-high prices. Crude oil is trading around $135.80 per barrel, down $5.57 from Monday’s close. Royale Energy is San Diego-based oil and natural gas company. Royale Energy is up 114% from a year ago.

In today’s trading, Royale Energy is down $1.09 to $8.20 at 12:25 ET. Trading volume is around 470,000 shares, far below the roughly 2 million average.

For detailed price information and recent news stories on Royale Energy Inc., click ROYL.