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Crude Oil Demand Forecast: Biggest Quarterly Drop Since Covid and What It Means for Investors and Businesses

April 14, 2026·omanet.omEconomy

Disclaimer

This news item is AI-rewritten from public sources for GCC context. For informational purposes only. Not investment advice, a solicitation, or a recommendation. Consult a licensed financial advisor before making any investment decision.

GCC CONTEXT

A significant decline in crude oil demand—the steepest quarterly drop since the Covid-19 pandemic—signals potential pressure on energy prices and revenue streams for GCC economies heavily dependent on oil exports. GCC investors should reassess energy sector allocations and monitor downstream opportunities in refining and petrochemicals, which may benefit from lower feedstock costs. Diversification into non-energy sectors becomes increasingly critical as global demand headwinds persist, particularly for investors exposed to Saudi Arabia, UAE, and Kuwait's oil-linked assets.

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