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0 -0.000278551532033437 0.000436397400185674 0 0.00139275766016718 0.00287836583101209 0.00417827298050142 0.0018570102135562
Stock impact report

Enbridge CEO: Canadian oil a 'meat and potato' staple for U.S. Gulf refineries [Yahoo! Finance Canada]

Enbridge Inc (ENB) 
Last enbridge inc earnings: 2/14 07:00 am Check Earnings Report
US:NYSE Investor Relations: enbridge.com/investment-center/dashboard
2 min read In this article Enbridge ( ENB.TO ENB ) chief executive officer Greg Ebel says Canadian crude will continue to see strong demand from U.S. Gulf Coast refineries, even if additional heavy oil imports from Venezuela reach American shores. “The U.S. Gulf Coast is the world's best refining market, and Canadian crude is a meat and potato part of the diet there,” he told stock market analysts on Friday. “The Venezuela piece is a supplement to Canadian [heavy grades of oil], not a replacement.” The U.S. Treasury Department eased sanctions on Venezuela's energy sector on Friday, issuing two general licenses that allow global energy companies ?to resume oil and gas operations. Venezuela's massive oil industry has been in the hands of the U.S. government since the military captured president Nicolás Maduro last month. Shares of Canada's largest oil producers faced pressure in January , as investors weighed the prospect of America reducing its reliance on oil imports from C Show less Read more
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