Wednesday, August 25, 2021 8:41:36 AM
$AGYP ~ Allied Energy Corp.’s (OTCMKTS:AGYP) Lower Amid Global Oil Volatility
https://topnewsguide.com/2021/08/25/allied-energy-corp-s-otcmktsagyp-lower-amid-global-oil-volatility/
Allied Energy Corp. (OTCMKTS:AGYP) closed Tuesday at $0.2825, off 19.70%, but the move yesterday was more about global volatility impacting oil than about the performance of AGYP itself. Meanwhile both oil indices were green again — WTI Crude closed up last night 0.39% at $62.38 and Brent Crude settled at $65.51, +0.51% higher.
The good news is that oil settled higher last night — remaining at or above the $62 per barrel of higher prices. In the face of worldwide uncertainty and volatility, both oil measurements remained high. The telling issue is that Brent Crude remained ever higher and showed more green support. Oil prices holding high are tailwinds for AGYP, even in this uncertainty. AGYP value is strong and its assets-under-management (AUM) is a critical factor in its favor.
**AGYP currently at .2825 after hitting a new high of year in July of .83. Fully expecting a strong reversal here. Keep on alert!
https://topnewsguide.com/2021/08/25/allied-energy-corp-s-otcmktsagyp-lower-amid-global-oil-volatility/
Allied Energy Corp. (OTCMKTS:AGYP) closed Tuesday at $0.2825, off 19.70%, but the move yesterday was more about global volatility impacting oil than about the performance of AGYP itself. Meanwhile both oil indices were green again — WTI Crude closed up last night 0.39% at $62.38 and Brent Crude settled at $65.51, +0.51% higher.
The good news is that oil settled higher last night — remaining at or above the $62 per barrel of higher prices. In the face of worldwide uncertainty and volatility, both oil measurements remained high. The telling issue is that Brent Crude remained ever higher and showed more green support. Oil prices holding high are tailwinds for AGYP, even in this uncertainty. AGYP value is strong and its assets-under-management (AUM) is a critical factor in its favor.
**AGYP currently at .2825 after hitting a new high of year in July of .83. Fully expecting a strong reversal here. Keep on alert!
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