Saudi Aramco has started producing condensate from the $100 billion Jafurah unconventional gas development, signaling a new export stream alongside planned natural gas output and drawing attention to Oil – Brent Crude, Oil – US Crude, and Natural Gas. The initial condensate cargoes, each around 500,000 barrels and slated for Asian buyers from late February or early March 2026, underline Saudi Arabia’s strategy to monetize higher-value liquids while expanding its gas supply base for domestic and export markets.
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Over the past month, Brent prices have risen about 8.05%, while U.S. crude has gained roughly 7.81% and natural gas is up around 8.07%, moves that reflect both supply-side developments and shifting expectations for global demand. On a 1-day view, technical models flag natural gas as a Sell, whereas U.S. crude and Brent both show a Strong Buy and Strong Buy signal, respectively, highlighting a divergence between oil and gas sentiment as Jafurah ramps up.
Investors can explore more updates, prices, and analysis across global markets at Commodities.