BMLP - MLP Monthly Report: October 2021

• OPEC+ plans to ramp up its production by 400,000 barrels per day (bpd) in November, sticking to its existing policy of a gradual output increase for the third month in a row, sending crude prices to 7-year highs.
• Kinder Morgan, Inc. has partnered with Neste, a renewable and circular solutions provider, for creating low-carbon infrastructure solutions in storage and logistics hubs in the U.S.
• The Baker Hughes Rig Count increased to 521 rigs, increasing by 13 rigs from last month’s count of 508 rigs.

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