Nov 1 (Reuters) - Enbridge ( ENB ) posted a more than

twofold jump in its third-quarter profit on Friday, as the

Canadian pipeline operator benefited from steady oil demand.

Data from the U.S. Energy Information Administration showed

that total U.S. oil consumption rose in July to the highest

seasonal level since 2019.

Demand for gasoline was also at the highest seasonal levels

since 2019, whereas jet fuel demand the highest for any month

since August 2019.

Enbridge's ( ENB ) mainline system transported 2.96 million barrels

per day in the quarter, while its adjusted core profit rose 3.2%

to C$1.35 billion, helped by higher tolls.

Mainline is North America's largest crude oil pipeline

network. It transports light and heavy crude oil, natural gas

liquids and refined products from Edmonton, Alberta to various

markets in Canada and the U.S. Midwest.

The Canadian company reported a profit of C$1.29 billion

($926.13 million) for the quarter ended Sept. 30, compared with

C$532 million a year earlier.

Its adjusted profit per share of 55 Canadian cents, however,

narrowly missed analysts' average estimate of 56 Canadian cents,

according to data compiled by LSEG.

($1 = 1.3929 Canadian dollars)