With the Coronavirus 2019 (Covid-19) now officially categorized as a pandemic, many countries have stepped up cautionary measures, including restricting public gatherings and travel bans. For the first quarter of 2020, forecasts suggest a global decline of 0.7 percent in oil demand, with the rate of decline expected to slow in the subsequent quarters.
Projected change in global oil demand following impact of Covid-19 by quarter in 2020
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Argus Media. (February 17, 2020). Projected change in global oil demand following impact of Covid-19 by quarter in 2020 [Graph]. In Statista. Retrieved December 13, 2024, from https://www.statista.com/statistics/1103851/global-oil-demand-change-following-covid-19/
Argus Media. "Projected change in global oil demand following impact of Covid-19 by quarter in 2020." Chart. February 17, 2020. Statista. Accessed December 13, 2024. https://www.statista.com/statistics/1103851/global-oil-demand-change-following-covid-19/
Argus Media. (2020). Projected change in global oil demand following impact of Covid-19 by quarter in 2020. Statista. Statista Inc.. Accessed: December 13, 2024. https://www.statista.com/statistics/1103851/global-oil-demand-change-following-covid-19/
Argus Media. "Projected Change in Global Oil Demand following Impact of Covid-19 by Quarter in 2020." Statista, Statista Inc., 17 Feb 2020, https://www.statista.com/statistics/1103851/global-oil-demand-change-following-covid-19/
Argus Media, Projected change in global oil demand following impact of Covid-19 by quarter in 2020 Statista, https://www.statista.com/statistics/1103851/global-oil-demand-change-following-covid-19/ (last visited December 13, 2024)
Projected change in global oil demand following impact of Covid-19 by quarter in 2020 [Graph], Argus Media, February 17, 2020. [Online]. Available: https://www.statista.com/statistics/1103851/global-oil-demand-change-following-covid-19/