Oil Price Today: Brent and WTI Crude Prices and What's Moving
Brent and WTI crude oil prices today, with the daily change per barrel, what moved oil, a five-day table and oil futures trading hours in UTC.
Oil price today: Brent crude was $104.37 a barrel, down 7.99% (−$9.06), as of 17:54 UTC on Monday, November 2, 2026. US benchmark WTI was $96.27 (−7.54%), a Brent premium of $8.10. Futures are trading now on CME Globex.
Brent crude futures (January 2027 contract)
$104.37
−$9.06 (−7.99%) vs previous close
a barrel
Day range 103.76–112.38
NYMEX WTI crude futures (December 2026 contract)
$96.27
−$7.85 (−7.54%) vs previous close
a barrel
Day range 95.69–102.75
Prices as of 17:54 UTC, Mon, Nov 2, 2026. Price data from Yahoo Finance and may be delayed. Futures prices are for the nearest active contract, so the series moves to the next contract month as each one nears expiry. Updated automatically during trading.
What moved oil prices in the latest week
From our weekly oil brief for the week to Fri, Oct 30, 2026:
- December Brent settled at $117.64 at the close (18:30 UTC) on October 30, up $0.92 (+0.79%) from $116.72 a week earlier, on the day the contract expired, Reuters reported.
- December WTI settled at $104.12 at 18:30 UTC on October 30, up $0.85 (+0.82%) from $103.27. CNBC said prices reached their highest levels since the end of April.
- The more active January Brent contract settled at $113.43 on Friday, up $2.63, so the headline Brent price will fall when January becomes the front month.
Read the full analysis: Brent Oil Gains 0.79% in Week to Oct 30, 2026 as Iran Risk Returns.
Latest oil news
Brent and WTI prices: last five sessions
| Session | Price | Change | % change |
|---|---|---|---|
Tue, Oct 27 | 109.41 | −1.33 | −1.20% |
Wed, Oct 28 | 111.64 | +2.23 | +2.04% |
Thu, Oct 29 | 110.80 | −0.84 | −0.75% |
Fri, Oct 30 | 113.43 | +2.63 | +2.37% |
Mon, Nov 2 (latest, session in progress) | 104.37 | −9.06 | −7.99% |
| Session | Price | Change | % change |
|---|---|---|---|
Tue, Oct 27 | 99.90 | −1.86 | −1.83% |
Wed, Oct 28 | 102.78 | +2.88 | +2.88% |
Thu, Oct 29 | 102.00 | −0.78 | −0.76% |
Fri, Oct 30 | 104.12 | +2.12 | +2.08% |
Mon, Nov 2 (latest, session in progress) | 96.27 | −7.85 | −7.54% |
Prices by trading date; each figure is the last trade of the session, which can differ slightly from the official settlement price. All rows use the same contract month, so contract rolls do not distort the daily change.
Oil futures trading hours today in UTC
| Session | Local time | UTC | Your time |
|---|---|---|---|
CME Globex trading | Sunday–Friday, 18:00–17:00 New York | 23:00–22:00 | 23:00 UTC – 22:00 UTC |
Daily break | 17:00–18:00 New York | 22:00–23:00 | 22:00 UTC – 23:00 UTC |
NYMEX crude oil settlement | 14:30 New York | 19:30 | 19:30 UTC |
WTI and the Brent futures shown here trade on CME Globex. The Brent prices are NYMEX Brent Last Day Financial futures, which settle on the ICE Brent futures price; ICE Futures Europe, the main Brent exchange, runs on London time. New York times are on winter time (UTC−5) until March 14, 2027.
Frequently asked questions
What is the price of oil today?
Brent crude was $104.37 a barrel as of 17:54 UTC on Mon, Nov 2, 2026 (−7.99%) and WTI was $96.27 (−7.54%). Both prices are for the nearest active futures contract.
Why are oil prices down today?
Brent was down 7.99% as of 17:54 UTC on Mon, Nov 2, 2026. Our latest oil brief, for Fri, Oct 30, 2026, found: Brent crude rose 0.79% in the week to Oct 30, 2026, settling at $117.64 as Iran escalation fears returned.
What is the difference between Brent and WTI?
Brent is the global benchmark, based on crude from the North Sea, and prices most of the world's oil. WTI (West Texas Intermediate) is the US benchmark, delivered at Cushing, Oklahoma. Brent usually trades above WTI because it is easier to ship to world markets.
What time does the oil market open?
WTI futures trade on CME Globex from 18:00 New York time on Sunday to 17:00 on Friday, with a one-hour break each day at 17:00. In UTC that is from 23:00 on Sunday to 22:00 on Friday.
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This page is for information only and is not investment advice.