Royale Energy rises 7% in pre-market on soaring crude prices
Royale Energy Inc. (Nasdaq:ROYL) is up more than 7% in today’s pre-market trading as crude oil once again surged past $146 per barrel overnight. Threats to Nigerian oil supplies – a key provider for the United States – and continued tensions in the Middle East have pushed up the price of crude. Royale Energy is an oil and natural gas producer based in San Diego. With gas prices soaring to record highs this year, the company has seen its shares rise more than 212% since January.
Ahead of today’s opening, shares of Royale Energy are up $0.64 to $9.34. The stock has ranged from $2.18 to $14.70 during the past 52 weeks.
For detailed price information and recent news stories about Royale Energy Inc., click ROYL.
