RE:Oil Price Has Nothing To With ENB Share Price ?? Really ??I don't think they said oil has nothing to do with the ENB share price.
Oil price and ENB share price are connected as they both trade on oil demand.
I fail to see how the over 8% drop in oil price directly correlates to a measily 0.64% drop in ENB.
You really do have your knickers in a twist these days.
Maybe head out west for some of those free drugs they're handing out?
Besides, I thought the old girl held up rather well considering the market and oil plunge.
Go Enbridge! ;-)
FiddyFiddyOddzz wrote: Canada’s main stocks index slid more than 1% on Tuesday, caught in a bigger market selloff as global recession worries came to the fore, while energy stocks dived along with oil prices.
https://financialpost.com/pmn/business-pmn/commodities-drag-toronto-stocks-lower-on-recession-fears