Saudi Arabia gasoline and jet-kerosene consumption plunged in March as large parts of the economy were shuttered in response to the Covid-19 pandemic. Consumption of gasoline collapsed to its lowest level since August 2011, when the kingdom’s population was some six million less than current levels.
The latest statistics from Jodi (see table) shine a spotlight on the impact of the pandemic on mobility in the kingdom, in many ways acting as a barometer for the wider economy. With the government severely restricting mobility – in line with governments across the globe – consumption of transport fuels has declined sharply. (CONTINUED - 960 WORDS)
