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Renewable Vision · every morning at 6:00 Riyadh

Daily Energy Report · Saudi Arabia and the Gulf

27 October 2026 · Issued 05:50 RiyadhLive · updated 23:10

Energy markets this morning, from the latest published data.

Saudi Arabia's crude production was 6.24 million barrels a day in August 2026, with exports of 4.45 million, according to JODI. Renewable capacity in operation stands at 14.2 GW against a 130 GW target for 2030, Renewable Vision data show.

Latest price: Brent was at $115.15 a barrel on 27 October 2026, sabanew.net reported. sabanew.net · 27 Oct 18:21

Sources: JODI (Joint Organisations Data Initiative), Renewable Vision.

The scorecard

The last trading session, the Kingdom’s latest official figures, and the day’s activity

Markets at the last session’s close

Brent
115.15$/bbl · 27 Oct · sabanew.net
  • • −0.1% vs 20 Oct
  • ▼ −0.7% month to date
  • ▲ +87.7% year to date
  • ▸ 5 falls in a row
WTI
102.00$/bbl · 27 Oct · EnergyNow.com
  • ▼ −5.5% vs 20 Oct
  • ▲ +5.0% month to date
  • ▲ +78.1% year to date
  • ▸ Within its 30-session range, 85.23–110.01

The Kingdom: latest official figures

The Kingdom’s figures against their targets are for RV Plus members. Get RV Plus

Today in the news

  • 0stories
  • 0deals and contracts
  • 0tenders and awards
  • 1project moves

Green is up and red is down: direction only.

The morning brief

Three points ready for the morning meeting
  1. Brent was at $115.15 a barrel, −0.1% against 20 Oct, sabanew.net reported.
  2. To watch today: API weekly crude inventories at 23:30 Riyadh time.

Analysis

For the morning call: what happened and why it matters

Brent closed at 115.15 $/bbl on 27 Oct (sabanew.net), −0.1% against 20 Oct and +87.7% year to date. 5 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

27.7 GW a year

What the Kingdom must add each year to reach 130 GW of renewables by 2030, from 14.2 GW operating today.

Source: Renewable Vision, Daily Energy Report, 27 October 2026 (Renewable Vision).

Top energy news

From the last 24 hours

No energy news in the last 24 hours met the editorial rules.

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.