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Renewable Vision · every morning at 6:00 Riyadh

Daily Energy Report · Saudi Arabia and the Gulf

14 November 2026 · Issued 05:50 RiyadhLive · updated 07:10

Oil posts a second weekly loss as Brent settles at $95.84 a barrel, Okaz 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: Brent was at $95.84 a barrel on 14 November 2026, إرم نيوز reported. إرم نيوز · 01:26

Sources: JODI (Joint Organisations Data Initiative), Renewable Vision, Okaz, Rigzone, Natural Gas Intelligence, Power Technology, The National, w.media, 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
95.84$/bbl · 14 Nov · إرم نيوز
  • ▲ +4.0% vs 11 Nov
  • ▼ −20.2% month to date
  • ▲ +56.2% year to date
  • ▸ Within its 30-session range, 90.16–135.51

The Kingdom: latest official figures

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

Today in the news

  • 3stories
  • 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
  1. Oil posted a second weekly loss, with Brent settling at $95.84, according to Okaz.
  2. Kingdom output was 6.24 million b/d in August per JODI, while exports rose to 4.45 million.
  3. Watch inventories and surplus signals today amid market volatility.

Analysis

For the morning call: what happened and why it matters

Prices fell for a second week amid surplus signs, Okaz reported. US stocks rose to 414.417 million barrels, Rigzone said.

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

$95.84

Brent moved +4.0% to $95.84 a barrel (14 November 2026).

Source: Renewable Vision, Daily Energy Report, 14 November 2026 (إرم نيوز).

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 14 Nov 95.84 $/bbl; Oil news balance: −25 (presses on prices, 12 stories: 1 up, 4 down · 24%); Brent: our call for 14 Dec 85 $/bbl, 80% range: 56–128; Henry Hub gas · latest 11 Nov 3.00 $/MMBtu; Gas news balance: −29 (presses on prices, 14 stories: 1 up, 5 down · 29%); Henry Hub gas: our call for 14 Dec 2.92 $/MMBtu, 80% range: 2.07–4.12; Shipping: 0 (steady, 1 story: 0 up, 0 down · 2%); Power and renewables: +32 (momentum, 19 stories: 7 up, 1 down · 39%); Hydrogen and carbon: +100 (momentum, 2 stories: 2 up, 0 down · 4%); Mining and minerals: 0 (steady, 1 story: 0 up, 0 down · 2%); Deal flow, last 24 hours: $950m; 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
  1. OilHigh relevance for the Kingdom· ▼ Downward

    Oil falls for a second week, Brent at $95.84

    Oil posted a second weekly loss, Okaz reported. Brent rose two cents to $95.84 while WTI fell 18 cents.

    Reflects surplus concerns weighing on prices.

    Okaz · 02:04
  2. OilRelevant for the Kingdom· ▼ Downward

    US crude stocks rise almost 5 million barrels

    Commercial stocks came in at 414.417 million barrels on November 6, Rigzone reported, citing the EIA.

    Higher stocks weigh on prices.

    Rigzone · 19:06
  3. Gas and LNGRelevant for the Kingdom· ▲ Upward

    US LNG feedgas demand hits 21.2 Bcf/d

    Demand reached an estimated 21.2 Bcf/d on Friday, the year's highest, NGI said.

    Supports global LNG demand.

    Natural Gas Intelligence · 20:36

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.