Breaking: Big announcement from BP this morning.
Oil and gas production cut by 40% 📉
Renewable energy production increased x20 📈
Low carbon investment increased x10 📈
— Greenpeace UK (@GreenpeaceUK) August 4, 2020
Dan Dicker traded oil futures for 25 years on the NYSE. He explains how COVID-19 created a perfect storm for oil markets, and why it still doesn’t make green energy inevitable.