Renewable Vision · every morning at 6:00 Riyadh
Daily Energy Report · Saudi Arabia and the Gulf
10 November 2026 · Issued 05:50 RiyadhLive · updated 21:10
Brent crude fell to $92.91 a barrel on Tuesday, according to Tawasul News Network, marking its lowest close in 30 sessions.
Brent settled at $92.91 a barrel, according to Tawasul News Network, marking a third consecutive decline. Saudi official production was 6.24 million b/d in August, per JODI data, the lowest in 12 months. Regional gas demand stays steady as natural‑gas exports continue, according to Natural Gas Intelligence.
Latest price: Brent was at $90.51 a barrel on 10 November 2026, News On AIR reported. News On AIR · 16:20
Sources: JODI (Joint Organisations Data Initiative), Renewable Vision, Attaqa, AGBI, Natural Gas Intelligence, OilPrice.com, economymiddleeast.com, Asharq Al-Awsat, Power Technology.
The scorecard
The last trading session, the Kingdom’s latest official figures, and the day’s activityMarkets at the last session’s close
- ▼ −15.4% vs 3 Nov
- ▼ −24.7% month to date
- ▲ +47.5% year to date
- ▸ Lowest close in 30 sessions
- ▸ 3 falls in a row
- ▼ −14.1% vs 3 Nov
- ▼ −20.4% month to date
- ▲ +49.5% year to date
- ▸ 3 falls in a row
The Kingdom: latest official figures
The Kingdom’s figures against their targets are for RV Plus members. Get RV Plus
Today in the news
- 6stories
- 3deals and contracts
- 1tenders and awards
- 0project moves
Green is up and red is down: direction only.
The morning brief
Three points ready for the morning meeting- Brent slipped to $92.91 a barrel per Tawasul News, while gold rose to $4,094.43 per ounce according to Al Akhbar.
Analysis
For the morning call: what happened and why it mattersBrent closed at 90.51 $/bbl on 10 Nov (News On AIR), −15.4% against 3 Nov and +47.5% year to date. Lowest close in 30 sessions. 3 falls in a row.
The full morning-call analysis, on the Kingdom, projects and what it means for energy businesses, is for RV Plus members. Get RV Plus
Number of the day
$90.51
Brent moved −15.4% to $90.51 a barrel (10 November 2026).
Source: Renewable Vision, Daily Energy Report, 10 November 2026 (News On AIR).
The day in one picture
Renewable Vision's reading of today's news in numbers, ready to sharePage two: the Kingdom's official figures, the markets at the last session and our track record, for RV Plus members. Get RV Plus
Page three: projects and tenders across the Gulf in numbers, for RV Plus members. Get RV Plus
Top energy news
From the last 24 hours- PowerHigh relevance for the Kingdom· ▲ Upward
Solar Share Rises in UAE Power Mix
According to an infographic by the Energy Research Unit, solar’s share in the UAE electricity mix rose to a record level in 2025. Total generation reached 184.4 TWh, up 3% from the previous year.
Higher solar share reduces regional gas dependence and affects its demand.
Attaqa · 03:00 - OilHigh relevance for the Kingdom· ▲ Upward
Adnoc Drilling Wins $315 m Rig Deal with Kuwait
According to AGBI, Adnoc Drilling secured a contract to supply offshore rigs to Kuwait worth roughly $315 million, supporting Kuwait’s aim to raise output to 3.5 m b/d.
Kuwait’s capacity expansion lifts demand for drilling services across the Gulf.
AGBI · 16:07 - Gas and LNGRelevant for the Kingdom· ▲ Upward
Spot Natural Gas Prices Jump
Natural Gas Intelligence reported that spot gas prices rose early this week on strong LNG demand and a modest dip in production, despite stable output.
Higher gas prices bolster revenues of Gulf gas‑producing nations.
Natural Gas Intelligence · 01:19
3 more stories in the full report. Get RV Plus
The full report is for RV Plus members
- All of the last 24 hours' energy news, and the table of today's deals and contracts
- The Kingdom's tenders, awards and projects, its crude balance and official figures
- Today's prices published in the last day, each with its source and time
- The Brent outlook from Renewable Vision's proprietary model, with its track record
- The PDF and an Excel file of every table, every morning
- Every past issue, and email alerts when Brent moves 3% or new official figures arrive
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Sources, method and editorial rules
The Kingdom: Saudi Arabia's monthly crude figures as reported to the Joint Organisations Data Initiative (JODI), and Renewable Vision's power balance, solar outlook and project ledger, built from the Principal Buyer's and SWPC's registers and the renewables tracker. Prices: EIA spot prices via FRED (published a few working days behind the market); EIA weekly crude stocks; IMF monthly averages for Dubai, European gas and Asian LNG. Headlines: EIA, OilPrice.com, Rigzone and the publishers the site follows; each event links to its source. The 3-2-1 crack is two barrels of New York Harbor gasoline and one of heating oil against three of WTI, from the same EIA series.
Editorial rules: Renewable Vision is an energy platform. The dialogue reports facts with their sources and carries no political or security news; where developments move the markets, it refers to them in market terms only. Saudi news is taken only from official sources and Saudi and Gulf media, reported as published and never interpreted or price-scored. Headlines listed in their publishers' own words come from official sources only.
Information, not investment advice. The outlook is a statistical range, not a recommendation to buy or sell.