Why Is Sky Quarry Stock Surging Friday?

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Sky Quarry Inc (NASDAQ:SKYQ) shares jumped on Friday. This move extends a massive multi-day surge. The stock has gained over 200% in early April.

Nasdaq futures are up 0.12% while S&P 500 futures have gained 0.05%.

Nevada Refinery Gains Strategic Importance

The momentum stems from the growing importance of the company’s Foreland Refinery. Tightening regional fuel capacity has turned eyes toward Nevada. Sky Quarry previously announced talks with local crude producers.

These discussions aim to bolster local output during a global energy supply crunch.

Geopolitical Tensions Impact Energy

Market sentiment remains tethered …

Full story available on Benzinga.com

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