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Renewable Vision · every morning at 6:00 Riyadh

Daily Energy Report · Saudi Arabia and the Gulf

6 November 2026 · Issued 05:50 RiyadhLive · updated 23:10

Brent was at $98.01 a barrel on 5 November 2026, OilPrice.com reported.

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: WTI was below $90 a barrel on 6 November 2026, EnergyNow.com reported. EnergyNow.com · 6 Nov 15:33

Sources: JODI (Joint Organisations Data Initiative), Renewable Vision, EIA, OilPrice.com, Attaqa, Okaz, Offshore Energy, PV Tech.

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
99.58$/bbl · 6 Nov · internews.dz
  • ▼ −7.0% vs 3 Nov
  • ▼ −17.1% month to date
  • ▲ +62.3% year to date
  • ▸ Lowest close in 30 sessions
  • ▸ 3 falls in a row
WTI
90.00$/bbl · 6 Nov · EnergyNow.com
  • ▼ −9.7% vs 3 Nov
  • ▼ −16.3% month to date
  • ▲ +57.2% 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
  • 4deals and contracts
  • 0tenders and awards
  • 0project moves

Green is up and red is down: direction only.

The morning brief

Three points ready for the morning meeting
  1. Refineries have shifted production away from gasoline to middle distillates (EIA).
  2. Brent was at $99.58 a barrel, −7.0% against 3 Nov, internews.dz reported.
  3. America’s Rare Earth Reckoning Is Less Than 60 Days Away (OilPrice.com).

Analysis

For the morning call: what happened and why it matters

Brent closed at 99.58 $/bbl on 6 Nov (internews.dz), −7.0% against 3 Nov and +62.3% 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

$99.58

Brent moved −7.0% to $99.58 a barrel (6 November 2026).

Source: Renewable Vision, Daily Energy Report, 6 November 2026 (internews.dz).

The day in one picture

Renewable Vision's reading of today's news in numbers, ready to share
Today's energy news, measured; Brent · latest 6 Nov 99.58 $/bbl; Oil news balance: 0 (balanced, 15 stories: 2 up, 2 down · 27%); Brent: our call for 7 Dec 100 $/bbl, 80% range: 77–128; Henry Hub gas · latest 3 Nov 2.63 $/MMBtu; Gas news balance: 0 (balanced, 20 stories: 1 up, 1 down · 36%); Henry Hub gas: our call for 7 Dec 2.63 $/MMBtu, 80% range: 1.90–3.64; Shipping: No news; Power and renewables: +25 (momentum, 20 stories: 6 up, 1 down · 36%); Hydrogen and carbon: +100 (momentum, 1 story: 1 up, 0 down · 2%); Mining and minerals: No news; 14.2 GW in operation
Download the pictureOpen the full-size picture

Page 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
  1. OilRelevant for the KingdomOfficial source

    Refineries have shifted production away from gasoline to middle distillates

    EIA · 17:00
  2. OilRelevant for the Kingdom

    America’s Rare Earth Reckoning Is Less Than 60 Days Away

    OilPrice.com · 05:00
  3. OilRelevant for the Kingdom

    تحركات موسعة في امتياز غرب الدلتا المصري.. احتياطياته ضخمة

    Attaqa · 03:30

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

RV X adds a licence to share the report across your organisation, and the report by API.

Every morning at 6:00

The headline, the number of the day and three figures in your inbox before the day starts, in the language you choose. Free. RV Plus members get the full report with its PDF and Excel files. Unsubscribe in one click.

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.