In just 4 days, midstream posted a 5% gain in a strong week for oil prices and uneventful week in the broad market. OPEC held its shortest meeting on record Tuesday with the outcome no change to the plan from April to bring back production in the next few months. Friday, the reported jobs figure came in below expectations. The net result for the week was higher oil prices, lower interest rates, flat broad equity indexes. With that backdrop, midstream was strong and also benefitted from M&A and capital markets data points that skewed positive.
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