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اقتصاد| الجزيرة نت
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2026-11-09T08:04:34.000Z

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Gulf crude demand up 3.1%

Gulf crude demand up 3.1%

Crude oil production by the Gulf Cooperation Council (GCC) countries rose 5% in 2025 to 16.9 million barrels per day, equivalent to 22.5% of global production. Exports reached 12.2 million barrels per day, or 27.3% of global exports. Natural gas production stood at around 460.9 billion cubic metres, representing 10.6% of global output, while global demand for GCC crude oil grew by an average of 3.1% annually between 2021 and 2025. GCC countries are also moving to expand renewable energy sources, improve consumption efficiency, and advance clean-energy projects.

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