Both the supply and demand sides of the equation spell trouble for Big Oil today. Holders of BP (NYSE:BP) stock have suffered staggering losses amid the energy-sector rout. Some audacious traders might wonder if this is the time to grab some cheap shares and hope for the best.Source: FotograFFF / That’s an ill-advised strategy.Russia and Saudi Arabia are embroiled in a vicious oil-price war. The coronavirus from China is pummeling demand. There’s little hope for a swift recovery in BP stock, and the prospect of a dividend cut only makes the future look bleaker. Yet, even while BP should be cutting costs, the company’s new chief executive is proposing a major vision shift that could cost the company billions.InvestorPlace – Stock Market News, Stock