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Gulf Economic Outlook - Q2 2021


April 2021 | Publication

The global oil demand recovery stalled in Q1 2021 as a result of resurgence of COVID-19 cases. In Q1 2021, global oil demand registered at 95.2 mb/d, on par with the previous quarter, but remained 6.5mb/d below Q4 2019 levels. 


AUTHOR

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Hiba Itani

Senior Economist
The Conference Board Gulf Center for Economics and Business Research


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