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Renewable Vision · every morning at 6:00 Riyadh

Daily Energy Report · Saudi Arabia and the Gulf

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

Brent fell to $97.67 per barrel, the lowest close in 30 sessions, according to Eram News

Brent settled at $97.67 per barrel, the lowest close in 30 sessions, according to Eram News. Saudi production fell to 6.24 million b/d in August per JODI, the lowest in 12 months. Exports were 4.45 million b/d, representing 71.3% of production, per JODI.

Latest price: WTI was at $88.17 a barrel on 9 November 2026, Al Watan reported. الوطن · 9 Nov 19:49

Sources: JODI (Joint Organisations Data Initiative), Renewable Vision, Attaqa, Asharq Al-Awsat.

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
94.80$/bbl · 9 Nov · VDL NEWS
  • ▼ −11.4% vs 3 Nov
  • ▼ −21.1% month to date
  • ▲ +54.5% year to date
  • ▸ Lowest close in 30 sessions
  • ▸ 3 falls in a row
WTI
88.17$/bbl · 9 Nov · الوطن
  • ▼ −11.5% vs 3 Nov
  • ▼ −18.0% month to date
  • ▲ +54.0% 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

  • 1stories
  • 1deals 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. Brent fell to $97.67 per barrel, the lowest close in 30 sessions, according to Eram News.
  2. Tracking regional drilling‑platform demand and any OPEC+ quota updates will shape prices today.

Analysis

For the morning call: what happened and why it matters

Brent closed at 94.80 $/bbl on 9 Nov (VDL NEWS), −11.4% against 3 Nov and +54.5% 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

$94.80

Brent moved −11.4% to $94.80 a barrel (9 November 2026).

Source: Renewable Vision, Daily Energy Report, 9 November 2026 (VDL NEWS).

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 9 Nov 94.80 $/bbl; Oil news balance: +50 (supports prices, 8 stories: 5 up, 1 down · 35%); Brent: our call for 8 Dec 87 $/bbl, 80% range: 67–112; Henry Hub gas · latest 3 Nov 2.63 $/MMBtu; Gas news balance: No news; Henry Hub gas: our call for 8 Dec 2.63 $/MMBtu, 80% range: 1.89–3.67; Shipping: No news; Power and renewables: +50 (momentum, 6 stories: 4 up, 1 down · 26%); Hydrogen and carbon: +75 (momentum, 4 stories: 3 up, 0 down · 17%); Mining and minerals: +100 (momentum, 2 stories: 2 up, 0 down · 9%); Deal flow, last 24 hours: $117m; 14.2 GW in operation
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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
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    Improving electrical reliability

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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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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.