Allied Energy Corp (OTCMKTS:AGYP) Rallies 9.76% As Volatility Continues
Allied Energy Corp. (OTCMKTS:AGYP) rallied 9.76% Wednesday, rebounding from a pullback Tuesday. The stock much like the overall oil & gas market has experienced above average volatility recently. Oil & gas stocks have been on a roller coaster ride as investors continue to receive simultaneously bullish and bearish reports on the commodity’s future. The U.S. Energy Information Administration (EIA) reported that American crude inventories fell last week for a third…