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MLPs finished just above flat for the week, while non-MLP midstream stocks were negative, in a pretty quiet market for equities. The Plains All American Pipeline (PAA) investor day and pipeline announcements seemed to move a few stocks this week, but broader midstream focus seems to have returned to weak commodity prices.
Oil prices found some support on rising geopolitical tensions on sinking ships, but they finished the week lower overall. Ethane closed the week at a fresh 52-week low, lowest point since January 2017. Natural gas prices are around their lowest point since June