Sky Quarry Stock Surges On Nevada Supply Talks, Oil Above $110
4/2/2026
Impact: 70
Energy
Sky Quarry Inc. (NASDAQ: SKYQ) shares surged 113.83% to $5.40 following the company's announcement of discussions with crude oil producers in Nevada to increase local production for its Foreland Refinery. The rise in Brent crude prices, which recently exceeded $110 per barrel, has created a favorable environment for energy development. Additionally, the closure of major California refineries is expected to tighten refining capacity, increasing demand for locally sourced fuel in Nevada.
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