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Bullboard - Stock Discussion Forum BMO Equal Weight Oil & Gas Index ETF T.ZEO

Alternate Symbol(s):  BZEOF

The ETF seeks to replicate, to the extent possible, the performance of an equal weight Canadian large-cap oil and gas companies index, net of expenses. Currently, the ETF seeks to replicate the performance of the Solactive Equal Weight Canada Oil & Gas Index (the Index). The investment strategy of the ETF is to invest in and hold the constituent securities of the Index in the same proportion as... see more

TSX:ZEO - Post Discussion

BMO Equal Weight Oil & Gas Index ETF > 410,000 Barrels off line in the Gulf
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Post by Franman184 on Aug 11, 2022 5:09pm

410,000 Barrels off line in the Gulf

Shell has halted production at three of its deepwater platforms in the Gulf of Mexico, Shell said in a statement to Reuters on Thursday.

Shell has halted production at its Mars, Ursa, and Olympus platforms, which combined can produce 410,000 barrels of Mars sour crude oil per day, after a leak shut in the Mars and Amberjack Pipelines that connect to the platforms. Shell has not provided a timetable for restart, although the company said it was evaluating "alternative flow paths" to bring the oil to shore through other pipeline routes.

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BMO Equal Weight Oil & Gas Index ETF