Allied Energy Corp. (OTCMKTS:AGYP): Strikes Oil, Exploring For More

December 15, 2021

The case for Allied Energy Corp. (OTCMKTS: AGYP) is clear. This is an independent energy producer that has hit oil and gas at five wells on American soil. Now it is exploring for more at another promising well site. AGYP uses the newest technology to make old or abandoned wells commercial and productive again. It has proved it with five American wells in Texas producing oil and gas. Next is its third…

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Allied Energy Corp. (OTCMKTS: AGYP) Stock Is Well Positioned As Jeffries Predicts $150 Oil

December 13, 2021

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….

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Allied Energy Corp. (OTCMKTS: AGYP): Independent Hits Oil & Gas At Five American Wells, Exploring For More

November 24, 2021

The case for Allied Energy Corp. (OTCMKTS: AGYP) is clear. This is an independent energy producer that has hit oil and gas at five wells on American soil. Now it is exploring for more at another promising well site. AGYP uses the newest technology to make old or abandoned wells commercial and productive again. It has proved it with five American wells in Texas producing oil and gas. Next is…

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Allied Energy Corp. (OTCMKTS: AGYP) Sees Shortages In Global Oil Supplies; BOA Sees $120 Oil Prices.

November 5, 2021

Allied Energy Corp. (OTCMKTS:AGYP), an independent oil driller, sees its valuation swinging wildly as global oil pricing shifts daily. The U.S. remains energy-short and OPEC nations are standing firm on production.  AGYP stock remained flat last evening, closing at $0.3060, off 3.55% in extremely light trading of 92,329. That’s only 24% of its daily average. The markets see a very volatile global oil market and remains quiet.  Oil pricing directly…

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Allied Energy Corp. (OTCMKTS: AGYP) Closes Green As Oil Prices Dip; U.S. May Tap Oil Reserves To Offset Shortage Impact

November 4, 2021

Allied Energy Corp. (OTCMKTS: AGYP) oil is more in demand now even as global prices dip. Oil industry insiders say U.S. may open its strategic oil reserves to help stop the impact of its energy shortages. Higher prices at the pump are not good for the Biden Administration. “It is questionable whether this will cause OPEC+ to soften its stance,” said Carsten Frisch, an analyst at Commerzbank  AG in Frankfurt,…

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