wti

Coinbase

2026-07-30 12:30:17

Coinbase to list BRENT and WTI perpetual contracts on Aug. 3

Coinbase said it will launch BRENT and WTI oil perpetual contracts at 17:00 UTC+8 on Aug. 3, 2026, adding the BRENTOIL-PERP and WTIOIL-PERP markets. The two products track Brent crude and West Texas Intermediate, which serve as global benchmark oil prices. According to the announcement cited by Techub, the perpetual contracts are designed to give traders commodity price exposure and a tool for risk management. The listing expands Coinbase’s derivatives lineup with contracts tied to oil benchmarks rather than crypto-native assets alone. No additional contract details were provided in the source note.

2240

crude oil

2026-07-28 15:23:39

WTI and Brent crude fall in a brief move, with Brent down about 3.6%

Odaily reported, citing Gate data, that both major crude benchmarks moved lower in a short-term drop. WTI crude fell below $79 a barrel, with its intraday loss reaching 2.67%. Brent crude was down about 3.6% and traded at $82.2 a barrel. The move covered both U.S. and Brent oil prices and reflected a sharp pullback during the session. No further details on the cause of the decline were provided in the source. The figures reported were limited to price levels and intraday percentage losses at the time of publication.

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Donald Trump

2026-07-27 16:53:32

Oil slips after Trump says the U.S. is in "good talks" with Iran

U.S. and Brent crude both moved lower on July 28, with each contract falling by more than $0.5 in short-term trading to $82.28 a barrel and $86.45 a barrel, respectively. The move came after comments from U.S. President Donald Trump, who told reporters aboard Air Force One on Monday, while traveling to Michigan, that the United States is currently engaged in what he described as "good talks" with Iran. Trump also said he has "plenty of time" to deal with the Iran issue. When asked about the possibility of a deal with Tehran, he said, "There’s a good chance something will happen." He also said he would ask Russia whether it had provided satellite imagery to assist Iran. Trump added that once the war ends, prices will fall sharply. The remarks were cited by BlockBeats in a July 28 market update.

1960

whale

2026-07-27 05:29:34

Whale loses about $444,400 on $15 million WTI-Brent spread trade

A whale address starting with 0xa314 has posted a loss of about $444,400 on a cross-commodity spread trade involving WTI and Brent crude, according to Hyperinsight. After a sharp rally in oil, the trader shifted into a paired position that was long WTI and short Brent, apparently betting that WTI would keep outperforming. From July 14 to July 23 on Hyperliquid, WTI rose about 16.4% while Brent gained about 13.1%, giving WTI a clear lead. The whale then built roughly 91,000 WTI long contracts and expanded the Brent short leg to around 100,000 contracts. The trade later moved against the position after geopolitical tensions eased and both crude benchmarks pulled back, with WTI falling slightly more than Brent. As of publication, the address still held about 86,000 WTI long contracts and 90,000 Brent short contracts, with the two legs valued at roughly $15.1464 million. Floating losses on the WTI longs were about $611,600, while floating profit on the Brent shorts was about $198,000. Including about $45,900 in realized losses from trimming and $15,000 in funding fees, cumulative losses reached about $444,400.

1970

Goldman Sachs

2026-07-27 02:16:31

Goldman Sachs lays out three oil scenarios, with Brent seen above $120 in an extreme case

Goldman Sachs said in a commodities report published on July 27 that oil prices face a wider upside range than downside risk, and it mapped out three scenarios for Brent and WTI crude through 2027. In its base case, the bank kept its forecast unchanged and sees Brent at $80 and WTI at $76 in the fourth quarter of 2026, assuming Middle East tensions ease and shipping routes gradually normalize. For 2027, with transit through the Strait of Hormuz functioning normally, Goldman projects average prices of $75 for Brent and $70 for WTI, while estimating a global surplus of 3.2 million barrels a day. The report’s main focus was its bullish case: if shipping through the Strait of Hormuz remains disrupted through 2027 and Gulf crude production capacity is not fully restored until the end of that year, Brent could rise above $120 in the fourth quarter of 2026 and average above $100 in 2027. In a more severe scenario, if the Bab el-Mandeb Strait and the Suez Canal are also blocked for an extended period, Goldman said prices could climb another $25 a barrel, implying Brent near $145. The bank also outlined a low-probability downside case in which Brent falls to $60 by the end of 2027.

1500

Pakistan

2026-07-24 15:17:55

Pakistan explores path to renewed U.S.-Iran talks as oil prices extend intraday losses

Pakistan is exploring ways to restart talks between the United States and Iran, according to three Pakistani sources cited by BlockBeats on July 24. The effort is aimed at ending a war that the report said has lasted for nearly five months. The sources said exploratory discussions took place during Iranian Interior Minister Eskandar Momeni’s visit to Islamabad this week, his second trip there in the past 10 days. A Pakistani government statement said Momeni, who is seen as close to Iran’s Islamic Revolutionary Guard Corps, met Pakistani government leaders and army chief Asim Munir during the visit. Even so, all three sources warned that major obstacles to negotiations with Washington remain in place. In the commodities market, Bitget data showed both Brent and WTI crude extending short-term losses by about $1.5. Brent fell 4% on the day to $91.11 a barrel, while WTI dropped below $89 a barrel, with its daily loss reaching 4.26%.

1370

GCEX

2026-07-24 07:40:18

GCEX Launches Tokenized WTI Crude Oil Trading, Accelerating Onchain Commodity Trend

Regulated digital prime brokerage GCEX adds tokenized WTI crude oil to its platform with 24/7 access and 20% margin, targeting institutional clients in Asia and GCC, pushing commodities beyond futures into blockchain infrastructure.

780

Oil

2026-07-24 02:52:30

Oil spike liquidates trader Loracle’s short, who reopened a bearish WTI position 12 minutes later

Hyperinsight said trader Loracle was hit by two system liquidations during a sharp move higher in oil prices overnight into the morning of July 24, wiping out about 106,500 WTIOIL short contracts. The liquidation trades were executed at an average price of roughly $92.3, with a combined notional value of about $9.8312 million and a total loss of around $681,200, making it the largest liquidation across the network in the past 24 hours. About 12 minutes later, the trader began shorting again. As of publication, Loracle held 27,700 WTIOIL short contracts on 3x isolated margin, with an average entry of $92.2, position value of about $2.547 million, and a liquidation price near $155.05. The position was showing an unrealized profit of about $14,400, or 1.68%. Hyperinsight also said the trader had placed 19 non-reducing sell orders between $93.4 and $95.2 to add another 15,000 contracts. If all are filled, the total short position would rise to 42,874.228 contracts, with notional exposure of about $3.9725 million.

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