Sky Quarry Inc. shares rose 20.22% to $3.21 Thursday as benchmark crude climbed above $100 per barrel, boosting energy micro-caps. The rally followed an OPEC report that Saudi Arabia’s August oil production fell to its lowest level since 1990, while Houthi advances in Yemen raised concerns about marine energy transport through the Red Sea. The Woods Cross, Utah-based company recycles waste asphalt shingles and remediates oil-saturated sands and soils to produce refined crude products, diesel and liquid asphalt. Higher crude and refined-product prices may improve the economics of its proprietary ECOSolv extraction technology and bitumen leases in Utah’s PR Spring region. The move came after Sky Quarry released its second-quarter financial report in mid-August; the company has approximately $12.5 million in annualized revenue, remains in a capital-intensive build-out phase and reported net losses, while recent equity financing lifted cash reserves above $7.1 million.