Midstream Is Resilient as Oil Prices Fall
September 13, 2024 at 09:02 AM EDT
Midstream has remained resilient as oil prices have fallen in recent weeks. Despite weakening oil prices, the midstream segment has remained defensive and has held up better than other energy subsectors. Midstream is less sensitive to moves in commodity prices given its fee-based business model, which supports stable cash flows. Additionally, the generous income offered [...] The post Midstream Is Resilient as Oil Prices Fall appeared first on ETF Trends .