COVID-19

This is how the drop in oil demand compares to previous recessions

Oil prices have dropped sharply since the coronavirus pandemic,in some cases, falling below zero. Image: Unsplash/Daan Stevens

David Elliott

Senior Writer, Formative Content

Share:

Our Impact
The Big Picture
Explore and monitor how COVID-19 is affecting economies, industries and global issues
Crowdsource Innovation
Get involved with our crowdsourced digital platform to deliver impact at scale

Stay up to date:

COVID-19

Have you read?

A historic drop in oil prices Image: World Bank
Discover

What is the World Economic Forum doing about the coronavirus outbreak?

License and Republishing

World Economic Forum articles may be republished in accordance with the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Public License, and in accordance with our Terms of Use.

The views expressed in this article are those of the author alone and not the World Economic Forum.

Related topics:

COVID-19Oil and GasEnergy

Share:

Global Agenda

The Agenda Weekly

A weekly update of the most important issues driving the global agenda

Subscribe

You can unsubscribe at any time using the link in our emails. For more details, review our privacy policy.

The benefits of 10,000 steps: The latest health and well-being news
About Us
Events
Media
Partners & Members
Language Editions

Privacy Policy & Terms of Service

© 2022 World Economic Forum