Plains All American: Backwardation Might Ruin The Party
Corroborated by 1 source from 1 publisher
usworld2h ago
TL;DR
According to seekingalpha.com, plains All American: Backwardation Might Ruin The Party Summary - Geopolitical tensions have driven oil prices higher and created market backwardation, testing PAA's reduced reliance on arbitrage and trading revenues.