Oil price crash! Is now the time to dump BP and Shell for good?

The oil price is sliding again, and BP (LSE: BP) and Royal Dutch Shell (LSE: RDSB) are watching their share prices slide with it. Until recently, these two companies were the two most profitable stocks on the FTSE 100. Their fall from grace has been rapid and traumatic. Is now the time to boot them out of your portfolio for good? BP and Shell have been poor investments for years. Their troubles began before the pandemic. But Covid-19 has made life a lot, lot harder. Their share prices have crashed by more than half in the past 12 months. BP’s market-cap has now fallen below £50bn. Shell’s stands at £80bn. That’s still pretty big, but Unilever (£125bn), AstraZeneca...