HasebnyFinancial & Islamic calculators

Crude Oil & Natural Gas Benchmark Prices

Reference benchmarks: West Texas Intermediate (WTI), Brent crude and Henry Hub natural gas—shown in US dollars per contract unit, converted to Saudi Riyal using a live USD/SAR FX rate. For trading/investment use official exchange and broker quotes.

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What this page shows

Three widely cited energy benchmarks: WTI (US marker), Brent (European/global marker for many Gulf exports) and US Henry Hub natural gas.

Figures are pulled from Alpha Vantage commodity endpoints on the server, then converted to Saudi Riyal using a live USD/SAR rate. Series granularity (daily / weekly / monthly) depends on your API key configuration and Alpha Vantage rate limits.

How numbers are produced

  1. The browser calls our /api/oil-prices route, which fetches commodity data server-side (avoids browser CSP/CORS limits).
  2. USD/SAR comes from open.er-api.com for an approximate SAR column.
  3. Gas is quoted in USD/MMBtu — unlike crude in USD/barrel — and each card states this clearly.
  4. If upstream calls fail, we show clearly marked fallback values.

FAQ

Is this the price I pay at the pump?

No. These are financial benchmarks. Retail gasoline and local official pricing (e.g. Aramco) follow different mechanisms, taxes and subsidies.

What is the difference between WTI and Brent?

WTI is a lighter US inland-linked crude. Brent is a North Sea basket used as a reference for many international and Middle Eastern cargoes.

Why is natural gas in a different unit?

Henry Hub is typically quoted in USD per MMBtu (gas energy content), not barrels.

How do I get fresher data?

Add a free Alpha Vantage API key to ALPHAVANTAGE_API_KEY in your hosting environment (e.g. Vercel) and redeploy; daily intervals are then available within free-tier rate limits.