About: http://data.cimple.eu/news-article/d32df8fa397f889f5d7faff7bbaff97516e809228cab05da86bfd0e4

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About: http://data.cimple.eu/news-article/d32df8fa397f889f5d7faff7bbaff97516e809228cab05da86bfd0e4 Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

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rdf:type	schema:NewsArticle
schema:articleBody	Top oil exporter Saudi Arabia said on Monday that the impact of a deadly coronavirus epidemic on oil demand was "extremely limited" but that the kingdom was closely following events. Oil prices plunged on Monday, with Brent crude dropping below $60 a barrel for the first time in almost three months amid fears over the economic effects of the epidemic, which has killed over 80 people in China. But the outbreak's impact "on the global demand for oil is extremely limited," Energy Minister Prince Abdulaziz bin Salman said in a statement cited by the SPA state news agency. "A big part of the impact on global markets including the petroleum markets... is driven by psychological factors" and "pessimistic views" among dealers, he added. Prince Abdulaziz recalled that the 2003 outbreak of Severe Acute Respiratory Syndrome (SARS) did not push down demand for oil. He said Saudi Arabia was "closely watching" developments in oil markets, the global economy and that of China, a major buyer of Saudi crude. "The kingdom and the OPEC+ alliance (of oil exporters) have the capability and the flexibility to respond to any changes... to support the stability of the oil markets, if needed," he said. bur-oh/par
schema:headline	Saudi says coronavirus impact on oil demand limited
schema:mentions	Severe acute respiratory syndrome OPEC Barrel Petroleum Prince Saudi Arabia China Coronavirus Abdulaziz bin Salman Al Saud Ibn Saud Brent Crude
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-01-27 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	77 (xsd:integer)

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