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1. • $75.31/bbl

     • What is the current oil price today? WTI futures traded at $71.53 per barrel, as of 9 a.m. ET. Year to date, WTI prices are down by 2.60%. Brent futures traded at $75.31/bbl, an increase of 6.51% in the last 24 hours.
     Reference:

     Crude oil prices today: WTI is up 6.81%, Brent Crude is up 6.51%

2. People also ask

   Why did Brent crude go up on Tuesday?

   • Brent crude on Tuesday posted its biggest daily price swing since March last year as Iran launched a missile attack on Israel and Tel Aviv vowed to retaliate. The moves rippled through an oil market that had amassed large bearish positions in the weeks prior. Spiking interest in bullish call options has sent the value of those contracts surging.

   Traders Bet On $100-a-Barrel Oil as Middle East Risks Escalate

   www.bnnbloomberg.ca/investing/2024/10/02/traders-bet-on-100-a-barrel-oil-as-middle-east-risks-escalate/

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   Why did Brent crude rise 1.5pc today?

   • Brent crude, the global benchmark, rose 1.5pc today towards $75 a barrel after the Israeli prime minister vowed to retaliate after Tehran fired a wave of at least 180 missiles at Israeli cities in the centre and south of the country.

   Inflation threat looms as oil price heads for biggest rise in two months

   www.telegraph.co.uk/business/2024/10/02/ftse-100-markets-latest-news-uk-brent-oil-israel-iran/?utmsource=email

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   Will crude options pay out if prices rally to $100 a barrel?

   • (Bloomberg) -- A flurry of crude options that pay out if prices rally to $100 a barrel traded Wednesday, a sign some traders are looking to hedge against the risk of supply disruptions in the Middle East.

   Traders Bet On $100-a-Barrel Oil as Middle East Risks Escalate

   www.bnnbloomberg.ca/investing/2024/10/02/traders-bet-on-100-a-barrel-oil-as-middle-east-risks-escalate/

   See all results for this question

   Why did oil prices fall back in April?

   • Deutsche Bank analyst Jim Reid said that the latest rally was still a far cry from the surge in prices in April when Iran launched its last attack on Israel, sending Brent crude above $92 a barrel. He said: “But then oil prices began to fall back in the days that followed as the White House sought to avoid an escalation, and as tensions eased.”

   Inflation threat looms as oil price heads for biggest rise in two months

   www.telegraph.co.uk/business/2024/10/02/ftse-100-markets-latest-news-uk-brent-oil-israel-iran/?utmsource=email

   See all results for this question

3. www.usatoday.com › investing › oil-prices-10/02/2024Crude oil prices today: WTI is up 6.81%, Brent Crude is up 6.51%

   www.usatoday.com › investing › oil-prices-10/02/2024

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   8 hours ago · WTI futures traded at $71.53 per barrel, as of 9 a.m. ET. Year to date, WTI prices are down by 2.60%. Brent futures traded at $75.31/bbl, an increase of 6.51% in the last 24 hours. Year to date ...

   • Platinum price today: Platinum is up 1.74% today

     24/7 Live Stream. Personal Loans . ... The highest platinum...

4. www.benzinga.com › trading-ideas › 24/10/41144492Brent Crude Oil Prices Rise Amid Geopolitical Tensions

   www.benzinga.com › trading-ideas › 24/10/41144492

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   19 hours ago · Technical Analysis Of Brent Crude Oil On the H4 chart, Brent crude found support at 69.90 USD, forming an upward wave targeting the 75.50 USD level. After reaching this point, a correction back to ...

5. www.tradingview.com › news › te_news:431424:0-brentBrent Crude Oil Below $74 after Stockpiles Data - TradingView

   www.tradingview.com › news › te_news:431424:0-brent

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   3 hours ago · Oct 2, 202416:12 UTC. UKOIL −0.87%. Oil prices pared back earlier gains, with Brent crude futures hovering below $74 per barrel as rising US crude stockpiles pointed to a well-supplied market despite escalating tensions in the Middle East. EIA data showed a 3.89 million barrel increase in crude inventories, while gasoline demand fell to its ...

6. www.bnnbloomberg.ca › investing › 2024/10/02Traders Bet On $100-a-Barrel Oil as Middle East Risks Escalate

   www.bnnbloomberg.ca › investing › 2024/10/02

   4 hours ago · October 02, 2024 at 12:41PM EDT. (NYMEX) (Bloomberg) -- A flurry of crude options that pay out if prices rally to $100 a barrel traded Wednesday, a sign some traders are looking to hedge against the risk of supply disruptions in the Middle East. The equivalent of almost 27 million barrels of Brent December $100 calls traded by 11:20 am in New ...

7. www.cityindex.com › en-sg › news-and-analysisCrude oil analysis: What now for Brent prices? - cityindex.com

   www.cityindex.com › en-sg › news-and-analysis

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   19 hours ago · At the time of writing, Brent was testing prior support area between $76.15 to $79.80 area. A close above this range would provide some more confirmation that prices have potentially formed a low. In terms of support, the area around $74.70ish marks the first line of defence for the bulls, followed by the point of origin of this week’s ...

8. www.usatoday.com › platinum-price-10/02/2024Platinum price today: Platinum is up 1.74% today

   www.usatoday.com › platinum-price-10/02/2024

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   8 hours ago · 24/7 Live Stream. Personal Loans . ... The highest platinum spot price in the last 24 hours: $1,013.65 per ounce. ... Crude oil prices today: WTI is down 2.06%, Brent Crude is down 1.45%

9. www.telegraph.co.uk › business › 2024/10/02Inflation threat looms as oil price heads for biggest rise in ...

   www.telegraph.co.uk › business › 2024/10/02

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   19 hours ago · Brent crude, the international benchmark for pricing, has jumped as much as 3.5pc today to more than $76 a barrel amid fears that Iran’s missile attack on Israel could trigger a wider war.