GCC crude demand grows 3.1% annually; production up 5% to 16.9 mb/d

Global demand for GCC crude grew at a 3.1% annual rate from 2021-2025, while GCC production rose 5% in 2025 to 16.9 million barrels per day. The figures indicate sustained market reliance on Gulf supply, though the source is a single regional outlet and underlying data is not independently verified. This matters for oil market balances and pricing, as GCC output increases could offset supply tightness.

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