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Oil prices and OPEC+
Crude oil prices, OPEC+ production decisions and the geopolitical supply risks that move them.
Live tracker·Global·Updated
Crude oil prices, OPEC+ production decisions and the geopolitical supply risks that move them.
NewsTrump Announces "Massive" Greenland Oil Exploration Plans
OilPrice
"Massive" oil, gas, and minerals exploration will soon begin in Greenland, U.S. President Donald Trump said on Wednesday, claiming that the territory has enormous resources of readily available oil. L
OddsPolymarket: "Will WTI Crude Oil (WTI) hit (HIGH) $115 in October?" at 6%
Polymarket
First tracked price for this market.
NewsTrump announces plans for major oil, gas and mineral exploration in Greenland
Deutsche Welle
The US president has claimed Greenland holds vast and easily accessible oil reserves without providing evidence or details. His announcement follows a deal expanding the US military presence on the Ar
OddsPolymarket: "Will WTI Crude Oil (WTI) hit (HIGH) $100 in October?" at 43%
Polymarket
First tracked price for this market.
Crude Oil Prices Today | OilPrice.com
NewsTrump says 'massive' oil, gas and mineral exploration will begin in Greenland
Sky News
Donald Trump says that preparations are underway to launch a "massive" oil, gas and mineral exploration in Greenland.
NewsDiesel squeeze expected to continue into 2027 despite Trump's deal with Russia - business live
Guardian Economics
Rolling coverage of the latest economic and financial news, including the IMF meeting in Thailand and the IEA's new oil market report
NewsOil Prices Climb Above $106 as Iran Threatens More Tanker Attacks
OilPrice
Crude oil prices moved higher earlier today, after Iranian officials told Reuters the country's forces were planning to further intensify strikes on tankers in the Strait of Hormuz, deploying new tact
NewsIran: Political infighting deepens as economic woes mount during war
Deutsche Welle
Hardliners are stepping up pressure on Iran's government and calling for Foreign Minister Abbas Araghchi's removal. The oil minister resigned, but that's doing little to ease the pressure on President
OddsPolymarket: "Will oil be at least $85 on November 2 and the Democrats win the Senate?" at 52%
Polymarket
First tracked price for this market.
Resolved as a miss (forecast at 28%). Reuters (wire), October 4, 2026: “OPEC+ agrees to keep November oil output targets steady.” This reports the completed opposite decision at the meeting: unchanged targets rather than a further production increase. Actual increase announced: 0; required: a positive increase; 0 is not greater than 0,
OddsPolymarket: "Will oil be below $85 on November 2 and the Republicans win the Senate?" at 8%
Polymarket
First tracked price for this market.
NewsAramco complex hit as Houthis and Saudi coalition trade strikes
SCMP
An administrative building belonging to Saudi Arabia's state-owned oil company Saudi Aramco in the eastern city of Dhahran was attacked, causing a limited fire, the Energy Ministry said in a statement
NewsWall Street Sees Inflation Easing Even With Oil Above $90
OilPrice
The U.S. Consumer Price Index (CPI) report is due to be released on Wednesday, with economists predicting that key inflation metrics continued to moderate in September despite elevated oil prices, giv
NewsWall Street Sees Inflation Easing Even With Oil Above $90 - Crude Oil Prices Today | OilPrice.com
Crude Oil Prices Today | OilPrice.com
NewsRecord Tanker Rates Leave Heavy Crude Stranded in the Americas
OilPrice
The Middle East crisis has driven tanker rates to all-time highs and created a shortage of vessels. This oil logistics problem is now causing a ripple effect, tipping the heavy crude market in North a
NewsStranded Middle East LNG Supply Upends Gas Markets
OilPrice
The LNG supply out of the Middle East has not recovered in any meaningful way seven and a half months after the Iran war choked oil and gas shipments through the Strait of Hormuz. Since March, some oc
OddsPolymarket: "Will WTI Crude Oil (WTI) hit (HIGH) $100 in October?" at 40%
Polymarket
Moved from 46% since the last logged price.
News
NewsTanker Rates Soar to Record as Oil Crisis Becomes Shipping Crisis
OilPrice
The cost of shipping crude oil soared to record highs last month as the Iran war reshuffled trade routes and patterns and tied up more tankers in inefficient and lengthy voyages. Supertanker rates soa
NewsEmergency Oil Releases Risk Draining the World's Last Supply Cushion
OilPrice
Earlier this week, the International Energy Agency, after consulting with G7, said it would release another 100 million barrels of diesel, gasoline, and crude oil. The release is part of a plan announ
NewsWhy Record Crude Output Can't Solve America's Diesel Crisis
OilPrice
The United States is producing more crude oil than ever. According to the Energy Information Administration, U.S. crude production is on track to average a record 13.8 million barrels per day in 2026,
News
This tracker updates hourly from NEXUS news monitoring, published forecasts and prediction-market prices. Headlines link to their original publishers. NEXUS forecasts are recorded before their outcome and scored when they resolve. How forecasts are made and scored.
NewsOPEC Sees Oil Demand Growth Surging to 2.6 Million Bpd in 2027
OilPrice
OPEC just put a very large number on next year's oil market: global demand growth of 2.6 million barrels per day in 2027, after growth of just 200,000 bpd this year. That would push average world oil
NewsFive Shale Stocks to Watch Before Third-Quarter Earnings
OilPrice
Permian producers spent much of this year paying buyers to haul away the natural gas that comes up with their oil. Waha Hub spot prices stayed below zero for a record 90 days in a row before turning p
NewsGuyana Oil Exports Set to Surpass 1 Million Barrels per Day for First Time
OilPrice
Guyana, one of the world's newest oil exporters, is poised to surpass one million barrels per day in crude oil exports for the first time this December, marking another extraordinary milestone for the
NewsVance: Trump to invoke Defense Production Act to expand oil refinery in Texas
Washington Examiner
Resolved as a miss (forecast at 18%). Reuters (wire tier), October 4, 2026: 'OPEC+ agrees to keep November oil output targets steady'; this is a completed decision maintaining targets rather than announcing a coordinated cut. Reuters September 30 preview alone is not confirmation, and September 6 Reuters item is outside prediction windo
NewsArgentina Takes Falklands Oil Fight to International Tribunal
OilPrice
Argentina has moved its fight over Falklands oil from threats to the courtroom, asking an international maritime tribunal to halt development of Sea Lion, the islands' first commercial oil project. Th
NewsSaudi Arabia strikes strategic oil depots near Yemen capital
The Guardian
Civilians warned to evacuate outskirts of Sana'a ahead of biggest attack so far on Houthi energy infrastructure Saudi Arabia has launched a series of strikes on a strategic oil depot on the o
NewsTrump says Houthis are 'purposefully trying to drive up oil prices' to help Iran
Washington Examiner
NewsSaudi Arabia Becomes the Oil Market's Biggest Wild Card
OilPrice
Houthi attacks threaten Saudi oil infrastructure and Gulf shipping as Brent hovers near $105 per barrel. Trump's Fuel-Price Problem Is Becoming a Political One - The Trump administration's Russia dies
NewsArgentina takes fight with Britain over Falklands' oil industry to international tribunal
Washington Times
Argentina said Tuesday it had asked an international maritime tribunal to halt oil development off the disputed Falkland Islands, escalating its confrontation with Britain over the archipelago's first
NewsJapanese Refiners Buy Middle East Crude Through Ship-to-Ship Transfers
OilPrice
Several Japanese oil tankers are returning to the Middle East to pick up crude cargoes for Japan's refineries, but none of these are moving into the Persian Gulf through the Strait of Hormuz. Instead,
NewsSaudi Arabia and Yemen's Houthis Trade Threats Targeting Oil Facilities
New York Times
The Iran-backed militia threatened to attack the Saudi energy giant Aramco, which it has done before, after the Saudi authorities issued an evacuation notice to an oil facility in the Yemeni capital.
NewsBritain's Burnham weighs approval for oil and gas drilling in the North Sea
Washington Times
British Prime Minister Andy Burnham is facing a key test of his environmental policies as he decides on whether oil and gas companies should be allowed to drill in the North Sea.
NewsJapan to Compensate Oil Importers for High Shipping Costs
OilPrice
The Japanese government on Tuesday approved three bills to boost diversification of oil supplies and energy security, including grants to compensate Japan's oil importers for the high shipping costs t
NewsUK asks Interpol to reject Argentina's 'politically motivated' requests for Falklands oil arrests
The Guardian
Exclusive: Caution urged over Javier Milei government's 'red notice' requests for arrest of individuals linked to oil project Britain has appealed to Interpol to reject Argentina's requests f
NewsSaudi Arabia Plans Massive Expansion of Oil Pipeline to Bypass Hormuz
OilPrice
Saudi Arabia plans to raise the capacity of its East-West onshore oil pipeline that helps it bypass the Strait of Hormuz to 10 million barrels per day (bpd) within two to three years, Saudi Energy Min
NewsThey Came to Russia for Work. Now They Are Under Fire.
New York Times
Ukrainian strikes on oil refineries and warehouses have led to casualties among the foreigners easing Russia's labor shortage.
The Guardian
Ukraine's president says his country has halted strikes on Russian oil refineries for two days after Trump's ceasefire announcement On frozen Russian assets, Poland's Sikorski says th
NewsOil Prices Retreat as Saudi Arabia Pledges to Keep Exports Flowing
OilPrice
Crude oil prices, which topped $106 per barrel yesterday, have eased today, as traders process the latest Houthi attacks on Saudi Arabia and the related risk to energy supply, while also waiting to se
OddsPolymarket: "Will oil be below $80 on November 2 and the Democrats win the Senate?" at 9%
Polymarket
First tracked price for this market.
NewsIMF warns global economy 'could soon test the limits of resilience'
Guardian Economics
World Economic Outlook says states' oil stocks are low and budgets are overstretched, as it upgrades UK GDP growth forecast for 2026
OddsPolymarket: "Will WTI Crude Oil (WTI) hit (HIGH) $95 in October?" at 75%
Polymarket
First tracked price for this market.
Investor's Business Daily
NewsEnergy prices rise after Trump's 'energy ceasefire' fails to move Russia or Ukraine
NBC News
Oil and gas prices rose Monday after an "energy ceasefire" announced by President Donald Trump Sunday failed to gain any traction.
NewsBlack Sea Oil Shipping Insurance Costs Surge to $2.5 Million
OilPrice
Insurance costs for ships transporting oil across the Black Sea have surged from approximately $200,000 to $2.5 million per vessel in recent months, increasing crude transportation costs and putting a
NewsOil Prices Jump 2% on Saudi Attacks as OPEC Sees Demand Rebound
OilPrice
Oil prices climbed to their highest levels in nearly two weeks on Monday morning as fresh attacks on Saudi Arabia and oil tankers near the Strait of Hormuz put Middle East supply risks back at the cen
OddsPolymarket: "Will WTI Crude Oil (WTI) hit (HIGH) $100 in October?" at 46%
Polymarket
Moved from 40% since the last logged price.
NewsInside The Secret Russian-Iranian Military-Energy-Pipeline Laundering Machine
OilPrice
As has been proven time and time again in multiple scenarios: 'Where there's a will, there's a way around any sanctions' and, despite looming deadlines to end all Russian oil and gas imports -- with p
NewsHouse Republicans Move to Block Trump's Russian Diesel Deal
OilPrice
Republican Representative Brian Fitzpatrick plans to force a House vote on legislation blocking Russian oil purchases, challenging President Donald Trump's decision to ease restrictions on Russian die
NewsOil Jumps 2% as Saudi Attacks and Tanker Strikes Revive Hormuz Fears
OilPrice
Oil prices climbed to their highest levels in nearly two weeks on Monday morning as fresh attacks on Saudi Arabia and oil tankers near the Strait of Hormuz put Middle East supply risks back at the cen
NewsPakistan Looks to Import Crude Oil from Libya to Diversify Supply
OilPrice
Pakistan is encouraging its refiners to consider buying crude oil from Libya to diversify its oil supply amid the Middle East crisis, Pakistani Petroleum Minister Ali Pervaiz Malik says. Ali Pervaiz h
NewsOil Stuck Between Middle East Escalation and Russia-Ukraine Energy Truce
OilPrice
Oil prices traded slightly lower in the early morning in Europe on Monday as U.S. President Trump's announcement of an "energy ceasefire" between Russia and Ukraine offset this weekend's escalation in
NewsGlobal diesel shortage: why Gulf refined fuel exports lag crude oil shipments
SCMP
Global diesel prices remain near record highs as Gulf producers struggle to restore refined-fuel exports, despite a recovery in crude shipments and pledges by more countries to release reserves. Net d
NewsBMI Predicts Brent Crude Will Remain Above $100 for Months
OilPrice
Crude oil prices will remain quite high in the coming months, with Brent staying above $100 per barrel, as the U.S. and Iran remain distant on a potential agreement, Cedric Chehab, chief economist at
OddsPolymarket: "Will WTI Crude Oil (WTI) hit (HIGH) $100 in October?" at 40%
Polymarket
Moved from 34% since the last logged price.
NewsJapan Urges Asia to Build Up Oil Reserves as Middle East Risks Mount
OilPrice
Oil producers and consumers need to strengthen their cooperation, and Asian countries specifically need to boost oil stockpiles and infrastructure, Japan's trade minister has said. Speaking at the vir
NewsSupertanker Rates Slip From Record Highs
OilPrice
Supertanker rates have retreated slightly after touching an all-time high earlier this month, with the price of chartering a very large crude carrier for a trip from the Gulf Coast to China at $634,97
NewsTwo More Oil Tankers Attacked Near Strait of Hormuz
OilPrice
Two more tankers were attacked near the Strait of Hormuz on Sunday, one in Hormuz and the other off the coast of Oman, Argus has reported, citing ship-tracking data and the Indian shipping minister. O
NewsTrump's Russia-Ukraine Energy Ceasefire May Only Cover Oil Refineries
OilPrice
President Trump's announcement of an energy ceasefire between Russia and Ukraine appears to be considerably narrower than initially suggested, with a White House official telling Axios that the propos
OddsPolymarket: "Will WTI Crude Oil (WTI) hit (HIGH) $100 in October?" at 34%
Polymarket
Moved from 40% since the last logged price.
Resolved as a miss (forecast at 28%). Reuters (wire), October 4, 2026, reports completed opposite decision: 'OPEC+ agrees to keep November oil output targets steady.' Actual announced change for November: 0 increase; required: an increase (>0). 0 is not >0, therefore threshold NOT met. September 30 Reuters preview alone is not used as c
OddsPolymarket: "Will WTI Crude Oil (WTI) hit (HIGH) $100 in October?" at 40%
Polymarket
First tracked price for this market.
NewsHow Low Can the Strategic Petroleum Reserve Actually Go?
OilPrice
The U.S. Strategic Petroleum Reserve held just 283 million barrels of oil at the end of September, according to Reuters, the lowest level since October 1982, back when the reserve was still being fill
OddsPolymarket: "Will WTI Crude Oil (WTI) hit (LOW) $80 in October?" at 26%
Polymarket
First tracked price for this market.
Resolved as a miss (forecast at 26%). Reuters (wire), October 4, 2026: “OPEC+ agrees to keep November oil output targets steady”; opposite to a further increase. Actual increase announced: 0; required: 1; 0 < 1, therefore threshold NOT met. The September 30 Reuters report was a preview only, not used to establish the outcome.
NewsTrump announces partial ceasefire in Ukraine war as Zelenskyy says deal is 'news to me'
The Guardian
Ukrainian president earlier rejected US call for Kyiv to stop bombing oil refineries, saying Moscow must first end attacks on energy infrastructure
NewsNorth Sea Oil Producers Push Burnham to Scrap Windfall Tax
OilPrice
Since coming into office, the Labour Party has heavily taxed oil and gas companies operating in the U.K. North Sea and restricted the development of new fossil fuel projects. However, there is still p
NewsTrump announces 'energy ceasefire' between Russia and Ukraine
Deutsche Welle
US President Donald Trump says both sides have agreed to stop targeting oil refineries, power plants and other energy infrastructure immediately.
NewsTrump claims Russia and Ukraine agreed to 'energy ceasefire'
Deutsche Welle
US President Donald Trump says both sides have agreed to stop targeting oil refineries, power plants and other energy infrastructure immediately.
NewsUkraine shrugs off Trump call to ditch Zelensky for energy strikes
New York Times
President Trump lashed out at President Volodymyr Zelensky for striking Russian oil refineries. Mr. Zelensky said he'll stop - if Russia does too.
News'We need less point scoring': What party conference season taught us about UK climate action
The Guardian
Tories plan to scrap low-carbon housebuilding, Greens back new nuclear reactors, and Labour put oil-drilling decisions on hold New homes could be built without solar panels, heat pumps and hi
Crude Oil Prices Today | OilPrice.com
Crude Oil Prices Today | OilPrice.com
NewsTrump weighs joining the fight against Houthis after Riyadh airport attack
NPR
The surge in attacks, including against other Saudi airports, military facilities and oil infrastructure, has come in the week since a Saudi-led coalition launched a major military offensive against t
NewsPemex Needs Nearly $110 Billion to Hit Mexico's Output Targets
OilPrice
Mexico is dependent on oil and gas imports for two-thirds of its energy consumption, despite the fact that the country has abundant domestic fossil fuel resources. But instead of exploiting its own pr
NewsTrump slams Zelenskyy, says Ukraine should elect new president
Deutsche Welle
President Trump has criticized Volodymyr Zelenskyy for not making a deal with Russia to end the Ukraine war. He has also warned Kyiv against targeting Russian oil refineries.
OddsPolymarket: "Will WTI Crude Oil (WTI) hit (HIGH) $100 in October?" at 36%
Polymarket
First tracked price for this market.
OddsPolymarket: "Will WTI Crude Oil (WTI) hit (LOW) $80 in October?" at 30%
Polymarket
First tracked price for this market.
OddsPolymarket: "Will WTI Crude Oil (WTI) hit (LOW) $85 in October?" at 54%
Polymarket
First tracked price for this market.
NewsRebuking Ukraine Over Oil Strikes, Trump Says It Should 'Get a New President'
New York Times
Hours after President Trump said the United States would buy Russian diesel, the Kremlin said there would be no immediate resumption of discussions to end the war.
OddsPolymarket: "Will WTI Crude Oil (WTI) hit (LOW) $80 in October?" at 28%
Polymarket
First tracked price for this market.
Resolved as a hit (forecast at 30%). Reuters (wire), October 4, 2026, past-tense headline: 'OPEC+ agrees to keep November oil output targets steady'. Actual: 1 completed decision to hold output targets steady, required: 1; 1 ≥ 1, threshold met. September 6 Reuters headline 'OPEC+ keeps oil output policy unchanged for October' is also w
Crude Oil Prices Today | OilPrice.com
NewsHurricane Isaias Shuts In 71% of U.S. Gulf Oil Production
OilPrice
Hurricane Isaias has now knocked nearly 1.46 million barrels per day of U.S. Gulf oil production offline, extending a rapid shutdown that began with just 185,120 bpd three days ago. The Marine Mineral
News5 Stocks Cashing In as $100 Oil Pushes Drivers Toward Electric
OilPrice
Gasoline topped $4.40 a gallon in the U.S. in September, and Brent has sat above $100 a barrel since early September, up from around $60 before the Iran war started. Drivers have responded about how y
NewsU.S. Oil Drilling Continues to Inch Upward
OilPrice
The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, with the total rig count in the US rising to
NewsTrump Puts Iran Strikes on Hold as Hurricane Threatens Oil Supply
OilPrice
Oil retreats from $110 as Trump rules out Iran strikes before the midterms, but tanker attacks and a Gulf hurricane threaten fresh volatility. Friday, October 09, 2026 Donald Trump seems to be firefig
NewsHow the oil industry is preparing for Hurricane Isaias
NPR
Hurricane Isaias is this season's first Atlantic hurricane, and is on a path to hit the northern Gulf Coast. How is the oil industry preparing?
OddsPolymarket: "Will WTI Crude Oil (WTI) hit (HIGH) $120 in October?" at 4%
Polymarket
First tracked price for this market.
NewsCanada's New Oil Pipeline Challenged by Cold Lake First Nations
OilPrice
Cold Lake First Nations is challenging the Canadian federal government's decision to designate Canada's new oil pipeline project to the West Coast a project of national interest. Last week, the federa
NewsPetronas to Raise Malaysia Dividend 19% to $7.8 Billion for 2027
OilPrice
State-owned energy giant Petronas will boost the dividend it owes the Malaysian government by 19% in 2027 as oil prices soar and raise profits at the company. Malaysia's Ministry of Finance estimated
NewsTory tax break for banks has cost UK public purse £6bn, says TUC
The Guardian
Exclusive: Chancellor urged to reverse Rishi Sunak's tax surcharge cuts to claw back billions in lost revenue
NewsCrude Oil is Underpriced, Energy Aspects Says
OilPrice
Oil futures prices are disconnected from reality on the ground in the Middle East and should be trading closer to $150 a barrel for some physical crude prices, Amrita Sen, founder and director of mark
NewsHurricane Isaias intensifies en route to US Gulf Coast
Deutsche Welle
Oil and gas production in the Gulf of Mexico has already been affected by the approaching hurricane, which has strengthened so far to Category 2.