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Thursday, September 23, 2021 9:34:27 AM
alongside blue chip stocks That is awesome!
Quote:
GM $AGYP players, this stock was mentioned in another article out this morning alongside blue chip stocks >>>
Domestic Oil Investors Back Permian Stocks as the Commodity Soars Oil is already up 48% on the year.
Goldman Sachs recently updated their Brent crude forecast to $80 per barrel.
Bank of America strategist Francisco Blanch is calling for $100 oil.
In the US despite a general economic malaise fuel demand has recovered. In the last month, supply reached almost 21 million barrels per day, which is around the pre-pandemic peak in 2019.
This rising demand is meeting a shrinking supply, crude inventories fell to their lowest levels since October 2018 in the US.
The commodity and companies in the sector could be one of the safest bets in our volatile markets.
Top value plays for investors seeking low-risk options include;
One lesser known company that has just struck oil in the basin is Allied Energy Corp (OTCMKTS:AGYP) whose Green Lease is located on the prolific Midland sub-basin.
https://topnewsguide.com/2021/09/23/domestic-oil-investors-back-permian-stocks-as-the-commodity-soars/
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