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Bullboard - Stock Discussion Forum Enbridge Inc T.ENB.PR.G


Primary Symbol: T.ENB Alternate Symbol(s):  ENBGF | ENNPF | T.ENB.PF.A | T.ENB.PR.A | T.ENB.PR.N | T.ENB.PF.C | T.ENB.PF.K | EBRGF | ENBMF | ENBOF | T.ENB.PR.B | T.ENB.PR.P | T.ENB.PF.E | T.ENB.PR.D | T.ENB.PR.T | ENBFF | EBRZF | EBBGF | T.ENB.PF.G | T.ENB.PR.F | T.ENB.PR.V | EBBNF | T.ENB.PR.I | T.ENB.PR.H | ENBNF | T.ENB.PF.U | ENBHF | T.ENB.PR.Y | EBGEF | ENBRF | T.ENB.PF.V | T.ENB.PR.J | ENB

Energy Oil & Gas Midstream
Enbridge Inc. is an energy transportation and distribution company. The Company operates through five business segments: Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. Liquids Pipelines consists of pipelines and terminals in Canada and the United States that transport and export various grades of crude oil and... see more

TSX:ENB - Post Discussion

Enbridge Inc > Oil falls nearly 5% - off 20% from 2023 highs
View:
Post by FiddyFiddyShot on Nov 16, 2023 4:24pm

Oil falls nearly 5% - off 20% from 2023 highs

"When the market broke through $78, the selling accelerated as programmed trading kicked in."

Dennis Kissler, senior vice president at BOK Financial, also noted the breakdown in the technical setup around the 200-day moving average, which currently stands at just north of $78 per barrel.

"Technically, [December] crude futures continue to battle the 200-day moving average, which is a key technical support area; a weekly close below will likely prompt more selling," Kissler said.
https://ca.finance.yahoo.com/news/oil-falls-nearly-5-as-demand-worries-inventory-builds-send-prices-off-20-from-2023-highs-185401757.html

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