Midstream overall had a strong week, keeping pace with the S&P 500 as it reached fresh all-time highs Thursday after the Fed's commentary was seen as bullish on expectations of a 2019 rate cut. MLPs underperformed after strong relative gains last week.
Oil found a bottom and bounced hard, helped by the first positive inventory reduction in several weeks, the expectation of lower interest rates, and the rising threat of conflict with Iran. While it's just the threat of potential supply disruption in the Middle East, there was a very real supply disruption in Padd