• Initiative -
  • Type Instant Insight
  • Date 18 February 2020
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Abstract

China reported an outbreak of a SARS-like viral infection on December 31, 2019. The disease, officially named COVID-19, was first detected in Wuhan City, Hubei Province, China and continues to spread globally. Initial symptoms are similar to the common cold, but in severe cases it can cause pneumonia and even organ failure. The Chinese government has taken a number of steps to try to contain the virus, including extending the annual Lunar New Year holiday, restricting travel, and suspending some business activities. All of these measures will have some effect on the country’s energy consumption. Given the growing concerns over COVID-19 and its impact on oil demand, KOMO has been updated and KAPSARC is examining a range of possible outcomes. 

Authors

Hamid M. Al Sadoon

Senior Research Associate Hamid leads KAPSARC’s Oil Market Outlook (KOMO). He previously worked as an oil demand analyst at Saudi Aramco, with a… Hamid leads KAPSARC’s Oil Market Outlook (KOMO). He previously worked as an oil demand analyst at Saudi Aramco, with a focus on long-term and short-term oil forecasting and pricing. Between 2012-2016, Hamid was a negotiator for the Saudi climate change team at different United Nations bodies.  

Expertise

  • Oil Demand
  • Climate Change
  • Modeling
  • Economy

Publications See all Hamid M. Al Sadoon’s publications

Colin Ward

Research Fellow Colin is a Fellow in the Markets and Industrial Development program, focusing on oil markets. He has worked in many… Colin is a Fellow in the Markets and Industrial Development program, focusing on oil markets. He has worked in many capacities across the energy industry including seismic field work, upstream field development, refinery design, cost estimation, and consulting for major international and national oil companies worldwide. He is currently involved in several major projects, most notably the KAPSARC Oil Market Outlook (KOMO), digital carbon tracking, and in supporting the energy ecosystem.

Expertise

Publications See all Colin Ward’s publications

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