مجلة دراسات وأبحاث اقتصادية في الطاقات المتجددة
Volume 11, Numéro 2, Pages 9-22
2024-12-01
The Impact Of The Coronavirus Pandemic On Oil Supply And Its Price Stability In International Markets
Authors : Belkacem Manel .
Abstract
The oil markets suffered from significant losses during the spread of the Coronavirus virus pandemic, as the negative dimensions of the crisis affected this sector in two aspects: firstly, a decline in oil demand, and secondly, the price war between Saudi Arabia and Russia, which transformed the shock that the oil markets witnessed with the beginning of the Coronavirus pandemic spread from a demand shock to a supply shock.
Keywords
Oil supply, Oil demand, Coronavirus pandemic, Oil markets, Global economy.
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