Lukoil (LUKOF.PK, LUKOY.PK) says it will cut its production in Iraq by 30% to 1.2M bbl/day instead of 1.8M after the Iraqi government decided to limit output in order to prop up prices. BP's recent request to reduce its contracted production from the giant Rumaila field to ~2M bbl/day from 2.85M cited the lack of infrastructure, export opportunities and an abundance of government bureaucracy.
Lukoil (LUKOF.PK, LUKOY.PK) says it will cut its production in Iraq by 30% to 1.2M bbl/day...
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs