BP stock hits 25-year low a week after its new climate strategy debuts

And thats not the end of the journey. European oil majors lack the balls to go through a major disruption of the market without losing their marbles. Virtue signaling is the only thing on their mind. They always have to be rescued by politics so their managements are beholden to politicians and those go with the direction of the wind. But maybe a major rejig of the oil market was overdue anyhow. Time for the dinosaurs to go away and new players to take the reign.

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