$AGYP ~ Allied Energy Corp. (OTCMKTS: AGYP) Long I
Post# of 144482
https://topnewsguide.com/2021/08/18/allied-en...ht-volume/
Oil prices have a direct impact on AGYPs stock value as the link between its oil reserve at leased well sites and its assets under management (AUM) is vital. Both WTI crude — settling last night at 66.58, off 0.03% — and Brent Crude — closing at $69.02, off 0.01% — remain near $70 barrel pricing. Analysts projected prices would drop quickly after the OPEC-Saudi Arabia-UAE oil production issue was settled, but that is far from happening.
Analyst predictions that AGYP was among oil and gas stocks to watch in August have borne truth. Media reports of the importance of domestic oil and gas was underscored by the scenes in Afghanistan the past few days.