Allied Energy Corp. (OTCMKTS: AGYP) Stock Is Well Positioned As Jeffries Predicts $150 Oil
Allied Energy Corp. (OTCMKTS: AGYP) stock is well positioned as analyst Jeffries predicts $150 per barrel oil when and if the world fully reopens. Chris Wood, global head of equity strategy at Jeffries, says, “In a really fully reopened world, the oil price could go up to $150 because the supply constraints are dramatic.” He told CNBC that the ‘political attacks’ on fossil fuels have reduced investment in fossil fuels….