RTTNews | Sep 27, 2021 10:36AM EDT

10:36 Monday, September 27, 2021 (RTTNews.com) - Texas-based asset handling and development company Hess Midstream LP (HESM) is trading 9% above in the Monday market as oil prices continue to rise amidst increased demand.

Oil prices rose for a fifth straight session on Monday, with Brent futures heading towards $80 per barrel on supply concerns and amid optimism over rising demand. Oil prices have been rallying amid concerns about supply as demand picks up in parts of the world with the easing of pandemic restrictions.

The shares are trending at their all-time high at $30.07, up $2.39 or 8.63% than the previous close at $27.68. The shares opened at $29.44 in the morning. In the 52-week period, the shares have ranged between $14.56 and $30.34 per share.

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