Renewable Vision · every morning at 6:00 Riyadh
Daily Energy Report · Saudi Arabia and the Gulf
11 November 2026 · Issued 05:50 RiyadhLive · updated 07:10
Saudi Arabia and Turkey signed a renewable energy cooperation agreement for 5,000 MW projects — according to Al‑Sharq Al‑Awsat
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 $92 a barrel on 11 November 2026, The Economic Times reported. The Economic Times · 05:20
Sources: JODI (Joint Organisations Data Initiative), Renewable Vision, Attaqa, Natural Gas Intelligence, Al Watan, Asharq Al-Awsat, Offshore Energy, Energy-Storage.news, PV Tech.
The scorecard
The last trading session, the Kingdom’s latest official figures, and the day’s activityMarkets at the last session’s close
- ▼ −14.0% vs 3 Nov
- ▼ −23.4% month to date
- ▲ +50.0% year to date
- ▸ Lowest close in 30 sessions
- ▸ 3 falls in a row
- ▼ −14.7% vs 3 Nov
- ▼ −21.0% month to date
- ▲ +48.4% year to date
- ▸ Lowest close in 30 sessions
- ▸ 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
- 4stories
- 5deals 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- Traders will watch EIA’s oil and gas outlook updates, any OPEC+ signals on supply balances, and further renewable‑energy project announcements in the region.
Analysis
For the morning call: what happened and why it mattersBrent slipped to $107.03 per barrel, hitting a 30‑session low, while US crude inventories rose by about 9 million barrels according to API, adding downward pressure on prices.
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
$92.00
Brent moved −14.0% to $92.00 a barrel (11 November 2026).
Source: Renewable Vision, Daily Energy Report, 11 November 2026 (The Economic Times).
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- OilHigh relevance for the Kingdom
Middle East offshore oil & gas sector attractiveness rises
Boosts investment flow to the region and impacts demand for oil‑gas logistics services.
Attaqa · 04:30 - OilRelevant for the Kingdom
Oman sells old oil tanker at high price
Improves the maritime transport budget in the region.
Attaqa · 19:47 - Gas and LNGRelevant for the Kingdom· ▲ Upward
Natural gas futures extend rally on short covering
Supports near‑term natural‑gas price expectations.
Natural Gas Intelligence · 23:07
1 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.