Middle East Oil Demand: Trends and Outlook (2025–2026)
Oil demand in the Middle East continues to grow, though at a slower pace than late 2024. Iraq and the UAE are driving recent gains, while Saudi Arabia saw a slight dip. Product-wise, residual fuel, gasoline, and LPG are key growth areas, with petrochemical feedstocks showing strong momentum.
Looking ahead, demand is expected to rise through 2025 and 2026, supported by:
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Economic diversification in countries like Saudi Arabia and the UAE
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Increasing mobility and air travel, boosted by new airlines like Riyadh Air
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Expanding petrochemical activity as the region leverages global shifts in manufacturing
Forecasts show regional oil demand hitting 8.9 mb/d in 2025 and 9.1 mb/d in 2026.
📊 Full analysis, country-level breakdowns, and product insights here:
