What Happened to Oil Product Demand in Saudi Arabia During the First Two Quarters of 2020?

Initiative Regional Energy Markets
Type Commentary
Date 31 January 2021

Abstract

In this commentary, we examine the effects of the COVID-19 pandemic and the various lockdown measures on domestic oil product demand in Saudi Arabia during the first and second quarters of 2020. We explore the pandemic’s effects on six key categories of secondary oil products, as defined by the Joint Organisations Data Initiative (JODI) (2020):

liquefied petroleum gas (LPG)
gasoline
kerosene
diesel
fuel oil
other oil products

Authors

Anwar Gasim

Fellow II Anwar is an energy and environmental economist with an engineering background and over a decade of research and advisory experience… Anwar is an energy and environmental economist with an engineering background and over a decade of research and advisory experience around the areas of energy demand, greenhouse gas emissions, energy price reform, and carbon pricing. He currently leads multiple cross-functional teams on key projects tackling these areas, with a proven track record of publishing high-impact papers, providing consulting services to policymakers, and building the capabilities of talent within the organization. Anwar’s research has been published in leading energy and environmental journals and has been picked up by leading news media. Anwar also has experience transforming organizations, having been a member of task forces responsible for refreshing organizational strategy and building human capital. Anwar is currently wrapping up a Ph.D. from UCL in Sustainable Resources (sub-specialization in Economics). He holds an M.Sc. from KAUST in Electrical Engineering and a B.Eng. from the University of Liverpool in Electronics and Communication Engineering.

Expertise