FS energy market commentary

JUNE: Energy market gets a boost from oil price rebound | OPEC+ agreed to extend production cuts into 2020, a positive tailwind for crude prices
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FS energy market commentary

FEBRUARY: Energy markets continued to bounce back from Q4 lows. Oil prices rose moderately as OPEC has started to implement planned production cuts. Q4 midstream earnings were generally solid and investors may finally be getting comfortable with the space.
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FS energy market commentary

JANUARY: Energy markets recovered meaningfully as oil prices bounced back from December lows. Oil prices were supported by OPEC+ production cuts and U.S. sanctions on Iran and Venezuela. The wave of MLP simplifications is in its later stages and may be a positive for investors going forward.
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