Canadian pipeline operator Enbridge Inc. on Tuesday forecast higher core earnings in 2021 and raised its annual dividend, saying it expects to see volume on its Liquids Mainline System improve next year.
A coronavirus-led plunge in demand for crude and related products had forced companies to shut-in production this year. However, with fuel demand having rebounded and prices hovering at about $50 a barrel, producers have started restoring their shut-in drilling.
Print this page
Advertisement
Stories continue below
Related