A second wave of coronavirus, which is causing some governments to tighten restrictions once again, also increases the likelihood that behavioural changes become permanent. For example, BP thinks that increased working from home may persist, weakening demand for travel.
"We remain cautiously optimistic that the worst is over and that what we are facing is a recovery," Barkindo said. "But the shape and form of that recovery is still of some contention."BP is less bullish, which is why it is trying to pivot away from oil after a century of exploration.
At the same time, some investors want to see more action from companies such as BP, Chevron, BHP and ExxonMobil.
Leftists trusting the oil companies. 😂
I call BS.
And Jason Kenney keeps his head in the sand and drives truck load after truck load of money into this industry. JKenney abpoli WEXIT Alberta