If you’ve been keeping up with the news lately, you know tensions in the Middle East have been escalating significantly. While they’ve calmed down for the moment, as long as conflict continues raging in the region, it’s only a matter of time before the next major flare-up. Moreover, production cuts from OPEC+ and sanctions on major oil producers like Russia can only mean oil will keep trading at elevated prices in the future. Venezuela also got slapped with sanctions recently, so oil stocks are
In the latest trading session, Plains All American Pipeline (PAA) closed at $18.56, marking a +1.48% move from the previous day.
Zacks.com users have recently been watching Plains All American (PAA) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.