Here’s what the COP28 pact to phase out fossil fuels means for oil

Nearly 200 parties reached an agreement Wednesday at the U.N. Climate Change Conference, also known as COP28, to phase out fossil fuels, but the oil market isn’t exactly shaking in its boots — and for good reason.

Read more here: https://www.marketwatch.com/story/heres-what-the-cop28-pact-to-phase-out-fossil-fuels-means-for-oil-826e5f14