Oil prices have slid Movement.down.loss due to concern Negative_sentiment about weakening Slow.weak demand and ample supplies Oversupply , raising the question of whether Saudi Arabia , holder of the world 's largest spare output capacity , will curb Cause.movement.down.loss output .

Asia 's diesel consumption is expected to recover Grow.strong this year at the second lowest level Position.low rate since the 1998 financial crisis Crisis as weakening Slow.weak economies squeeze Cause.movement.down.loss consumption and help build a surplus of supply Oversupply for which there are few markets .

However , a weakening Slow.weak global economy could deepen Situation_deteriorate the supply surplus Oversupply it said .

In the United States and Japan the weakening Slow.weak demand was linked to slower manufacturing and industrial activity and a mild winter in North America .

`` Completed investment projects and a possible slowing Slow.weak in demand as a result of sanctions Embargo and a weakening Slow.weak economic outlook would further amplify oil product deliveries , most notably gasoline and diesel/gasoil , which we expect will trend upward Movement.up.gain . ''

The reasons for the consumption uncertainties Slow.weak are many , starting with fears Negative_sentiment over weakening Slow.weak domestic growth and tough trade negotiations trade.financial.tension between the United States and China .

`` Completed investment projects and a possible slowing Slow.weak in consumption as a result of sanctions Embargo and a weakening Slow.weak economic outlook would further amplify oil product deliveries , most notably gasoline and diesel/gasoil , which we expect will trend upward Movement.up.gain . ''