Sky Quarry shares surge 101.19% after-hours as Brent crude hits $110, boosting Nevada’s only refinery.

Sky Quarry Inc. surged 101.19% in after-hours trading as Brent crude oil prices exceeded $110 per barrel and regional refining capacity in California sharply declined. The company highlighted its Foreland Refinery’s strategic position as Nevada’s only operating refinery, benefiting from rising crude prices, Middle East-driven supply shocks, and the permanent closure of major California refineries. These developments strengthened the economics of regional crude production and refining, positioning Sky Quarry to capitalize on tightening West Coast fuel supply and increasing demand for locally sourced refined products.