مجلة الاقتصاد والبيئة
Volume 4, Numéro 1, Pages 222-229

Effect Of Coronavirus Covid-19 On The Oil Market

Authors : Rezka Sidi Amor . Rahmane Amal .

Abstract

This research paper aims to shed light on the effects of the COVID-19 pandemic on the oil market by using three Basic indicators: global oil demand, oil stock and oil price. This research aims to know global oil market conditions in the shadow of coronavirus (COVID-19), by relying on the descriptive analytical approach. It was found that this virus has reduced the demand for crude oil, which in turn caused the deterioration of prices to record levels.

Keywords

Oil markets ; Oil prices ; Supply and demand ; COVID-19