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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$100 Oil, Broken Supply Chain, and Why Texas May Be The Answer

November 2, 2021

Oil prices are currently rising at an incredible rate, and are unlikely to slow down according to several analysts.  This week Bank of America noted in Bloomberg that Brent crude benchmark will hit $120 per barrel by the end of June 2022.  This came after news that some industries have started to use oil instead of high-priced gas for their fuel needs. Most experts have not factored this into their…

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Allied Energy Corp. (OTCMKTS: AGYP) Tweets Again On Prometheus Site, Says It Orders Pump For Well

October 29, 2021

Allied Energy Corp. (OTCMKTS: AGYP) tweets again on the Prometheus Site. It said yesterday it has ordered an Electrical Submersible high capacity pump for its well there  — which is due to be be delivered in approximately 10 days.  Last week, AGYP triple tweeted regarding progress at Prometheus. One tweet showed the well site, the second tweet showed Prometheus progress and the newest video tweet showed more progress on October…

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Allied Energy Corp. (OTCMKTS: AGYP) Triple Tweets On Prometheus Lease Progress, Stock Rises 17.94%

October 25, 2021

Allied Energy Corp. (OTCMKTS: AGYP) triple tweeted on its progress on its newly acquired Prometheus Site. The financial markets liked the news and AGYP’s stock rose 17.94% Friday to $0.3774 in heavy volume of 799,850 — more than double the daily average. The tweets documented Prometheus progress. One tweet showed the well site, the second tweet showed Prometheus progress and the newest video tweet Friday showed more progress. This week…

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Ranking AGYP’s 12 Exploration Projects

October 21, 2021

Allied Energy Corp. (OTCMKTS:AGYP) has been in the news frequently this fall.  Two of the biggest releases from the company were production announcements for two of their 12 oil exploration projects.  This news caused a surge in investment and has created profit opportunities for traders in the security. One of the most innovative and efficient factors about AGYP’s exploration strategy is its focus on proven past producing wells.  All of…

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OTC Oil and Gas Report: AGYP, PVRS, TREN, MGUY, TNEN, REOS, TXHG

October 21, 2021

Following were the most active Oil and Gas stocks buzzers on Wednesday. Keep an eye on these stocks this week. Allied Energy Corp.  (OTCMKTS:AGYP) deserves a look from oil and gas investors as they have recently announced signing a new lease and also struck oil on their leased well sites located in Texas. Global energy prices are at 7 year highs.  With the need for more domestic energy growing apparent,…

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Oil Options Reach $200 As Allied Energy Corp. (OTCMKTS: AGYP) Hits More Oil And Natural Gas

October 19, 2021

Oil options have reached historic levels. While the $100 call per barrel are the most widely held option now in WTI Crude, according to the Wall Street Journal, Fox News and the WSJ some investors are betting Brent Crude may hit $200 by December 2022. Last evening, both oil benchmarks rose again. WTI crude closed at $81.83 and Brent Crude settled at $84.59. For Allied Energy Corp. (OTCMKTS: AGYP), this…

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Allied Energy Corp. (OTCMKTS: AGYP) Announces It Hits Oil And Natural Gas On Three Wells At Annie Gilmer Lease Site

October 15, 2021

Allied Energy Corp. (OTCMKTS: AGYP) has hit oil and natural gas on three wells on its Annie Gilmer Lease site, the Company announced. That is in addition to the two wells pumping oil and natural gas now at AGYP’s Green Lease Site. Global prices and shortages of oil and natural gas are spiraling out of control. AGYP is now producing oil and gas from five wells on U.S. soil. The…

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OTC Energy Momentum Watchlist: EMPR, TXHG, FTRS, FECOF, HENC, AGYP

October 14, 2021

These OTC stocks were on the move Wednesday and are worth watching Thursday. Empire Petroleum Corporation (OTCMKTS:EMPR) was one of the biggest percentage gainers in Monday’s trading session. The stock soared 3% to close at $2.37. The stock has surged 48% over the past month. Empire Petroleum Corporation engages in the exploration and development of oil and gas interests in Louisiana, North Dakota, and Montana. TX Holdings Inc. (OTCMKTS:TXHG) stock…

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