Energy stocks are chiefly trading in the green Monday, with YUMA stock leading the way, trading up by more than 80%. The gains come after an attack on an oil refinery in Saudi Arabia; this means, because of supply and demand, the oil market will continue upwards, giving support to companies like Yuma Energy (NYSEAMERICAN:YUMA).
Here’s what we know.
YUMA Stock Jumps on Attack on Saudi Arabian Oil Refinery
In Saudia Arabia, an oil refinery was recently attacked. Some believe Yemen rebels are behind the attack, but the US government is claiming that either ...