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That would trigger a sharp fall in demand for Saudi oil.
In August, a few weeks before the terrorist attacks, Ford cut between four and five thousand jobs, because of a sharp fall in demand for its products.
But that price collapse coincided with a severe global recession, which led to a sharp fall in demand for raw materials.
"There has been a sharp fall in demand for air cargo, passenger traffic is also down, especially premium traffic in first and business classes.
Richard Gane, director and automotive sector specialist at supply chain firm, Vendigital, said the scandal is likely to lead to a sharp fall in demand for diesel engine cars.
The value of investment-grade Bordeaux wines slumped as a result of a sharp fall in demand from China, but they have now started to recover, said Nick Martin of Wine Owners.
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The animals subjected to CLP showed a sharp fall in systolic blood pressure (Fig. 3a).
The sharp fall in gas demand has already had repercussions for Gazprom's big investment projects.
The drop was driven by the sharp fall in domestic demand as well as a 1.1% in vehicles bound for export markets which account for about 80% of the total.
Demand has been weak for a while but the recent slowdown notably in Germany took markets by surprise, hence the sharp fall in the price.But feeble demand is not the only explanation.
In a candid letter the former Brussels technocrat acknowledged that his credibility had been undermined by a much sharper fall in domestic demand and lower tax revenues than he had expected, as well as a failure to meet fiscal targets.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com