High Grade Energy Weekly

Research evidence excerpt

Accessible version

High Grade Energy Weekly

Week ended July 31, 2026

Industry Overview

31 July 2026

HG Energy spreads finished largely unch’d to 5 bps wider w-o-w. At an Index level, HG

Energy (CIEN) and HG Pipeline (CIGD) spreads remain near record tights and largely

unchanged since early May despite significant oil price volatility.

High Grade Credit

United States

Energy, MLPs & Pipelines

Gasoline running on an empty tank

Daniel Lungo

Research Analyst

BofAS

BofA Securities does and seeks to do business with issuers covered in its research

reports. As a result, investors should be aware that the firm may have a conflict of

interest that could affect the objectivity of this report. Investors should consider this

report as only a single factor in making their investment decision.