3 Oil Stocks to Offload as the New Year Begins
CQPCheniere(CQP) InvestorPlace·2024-01-07 23:00

Green energy has gained much traction in the past few decades, and big oil is taking the hit. The historic United Nations Climate Change Conference, better known as COP28, had just penned a deal that commits to transitioning away from fossil fuels and focusing on renewable energy sources. More than half of the 200 attending countries, including the biggest oil producers in the UAE, have agreed to “phase down” or “phase out” oil production. Fossil fuel players are feeling the pressure, and now might be a goo ...