Live oil benchmarks
Crude Oil Prices Today
Brent and WTI reference prices with Saudi Riyal conversion for quick market checks.
Market rates per barrel
Global benchmark
Brent Crude
International reference
$103.54
≈ SAR 388.28 per barrel
US benchmark
WTI Crude
NYMEX reference
$96.85
≈ SAR 363.18 per barrel
Market spread
Brent - WTI
Difference per barrel
$6.69
≈ SAR 25.10 per barrel
Price by unit
| Unit | Brent (USD) | WTI (USD) | Brent (SAR) | WTI (SAR) |
|---|---|---|---|---|
| Per barrel158.987 litres | $103.54 | $96.85 | 388.28 | 363.18 |
| Per litre | $0.651 | $0.609 | 2.442 | 2.284 |
| Per gallonUS gallon | $2.465 | $2.306 | 9.245 | 8.647 |
| Brent–WTI spreadper barrel | $6.69 | 25.10 SAR | ||
Price history (last 7 days)
| Date | Brent (USD) | WTI (USD) | Spread |
|---|---|---|---|
| 23 May 2026 (today) | $103.54 | $96.85 | $6.69 |
| 22 May 2026 | $103.54 | $96.85 | $6.69 |
| 21 May 2026 | $103.73 | $97.64 | $6.09 |
| 20 May 2026 | $105.07 | $98.90 | $6.17 |
| 19 May 2026 | $110.90 | $103.93 | $6.97 |
| 18 May 2026 | $109.44 | $102.39 | $7.05 |
| 17 May 2026 | $110.71 | $102.59 | $8.12 |
WTI vs Brent — what is the difference?
Brent Crude is extracted from the North Sea and serves as the primary international benchmark for crude oil pricing. It is the reference price most widely used by traders, governments, and refiners in Europe, Africa, and the Middle East.
WTI (West Texas Intermediate) is the US domestic benchmark, traded on the NYMEX exchange in New York. It typically trades at a slight discount to Brent. The price difference between the two is known as the Brent–WTI spread.
Prices are updated every 10 minutes and SAR values use the fixed peg of 1 USD = 3.75 SAR.
Disclaimer: Oil prices shown are indicative market rates sourced from commodity price feeds and may differ from prices at point of sale or official contract prices. This page is for informational purposes only and does not constitute financial or investment advice. KSA Expats is not responsible for any decisions made based on the data shown here.