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UMI - Strong NGL Outlook Drives Growth Opportunities For Midstream
USCF Midstream Energy Income Fund ETF
NGLs have multiple end-uses, which impact our economy and everyday lives. A constructive outlook for global NGL demand is driven by the needs of a growing population.
NGL prices at Mont Belvieu have rallied strongly in 2022, extending their upward momentum from the depths of the pandemic.
Several midstream companies have announced growth projects to capitalize on the strong outlook for NGLs, including new fractionation facilities and export capacity.