Effect of Coronavirus Covid-19 on the oil market

الملخص EN

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.