Oil prices continue to rebound following their historic plunge into negative territory earlier this week. The June contract for WTI, the leading U.S. oil benchmark, surged more than 30% by 11 a.m. EDT, pushing it back above $18 a barrel.
That rebound ignited a rally across the energy sector. One group that's soaring is high-yielding midstream stocks, with several rising more than 10% in early-morning trading. Leading the way were EnLink Midstream (NYSE: ENLC), Targa Resources (NYSE: TRGP), Western Midstream Partners (NYSE: WES), and DCP Midstream (NYSE: DCP).
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