$AGYP ~ Allied Energy (AGYP), Oil Producer Growing
Post# of 36914
https://drpgazette.com/2022/01/29/allied-ener...e-horizon/
Allied Energy Corporation’s (OTCMKTS: AGYP) value grows as now even super-conservative Morgan Stanley agrees that high demand will make $100 oil per barrel happen by mid-year.
Other analysts are even more aggressive. Triple-digital oil is almost a foregone conclusion with Bank of America saying it could reach $125 per barrel later in 2022. Can $150 per barrel be far behind?
What both forecasts are missing is the possibility of Russia invading Ukraine. That would disrupt global oil markets and make AGYP’s domestic oil even more valuable. Compromised Germany is now wholly dependent on Russian oil and gas.