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Why Oil Companies Like $AGYP Can Be Good Plays in 2022.

The global economy and oil markets are recovering from the historic collapse in demand caused by the coronavirus (Covid-19) pandemic in 2020. However, the IEA say there may be no return to "normal" for the oil market in the post-Covid era.

The outlook for oil demand has shifted lower due to reduced travel, and more remote work. Governments follow through with strong policies to hasten the shift to clean energy. This may lead to a shortfall in investment, which could lead to a shortfall in supply.

This shortfall in supply will lead to higher prices, and demand is expected to at least stay stable; producers will benefit.

The oil companies that will take the biggest hit are most likely early-stage exploration companies; and overweight oil giants. Independent producers like AGYP could be the biggest beneficiaries of the current market conditions.

Make sure to put AGYP on your watchlist.

Start your research here:

https://topnewsguide.com/2021/12/15/allied-energy-corp-otcmktsagyp-strikes-oil-exploring-for-more/