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This study explores the current economic situation and the potential effects of COVID-19 death cases on the economy of the Kingdom of Saudi Arabia, based on trends critical financial market indicators of crude oil prices. The involves an assessment of the possible economic impacts and necessary activities (recommendations and findings).

The study data consisted of a daily time series of oil prices in Saudi Arabia (See: https://oilprice.com/oil-price-charts), and the development of COVID 19 cases in the World and the United States of America (See: https://ourworldindata.org/coronavirus-source-data), from the beginning of the Corona pandemic (January 22, 2020) to (June 14, 2020).

Hence, the study variables were dependent variable daily oil prices in Saudi Arabia, independent variables: death (the number of deaths in the World), and deaths_USA (the number of deaths in the United States of America).

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