Oil price on the weekend: WTI and Brent
Oil futures close on Friday evening (WTI at 5PM ET; trade.xyz's Brent session runs to 6PM ET) and reopen at 6PM ET on Sunday. The WTI and Brent perpetuals on Hyperliquid keep trading in between, which matters when supply news breaks over a weekend.
Outside market open. Change since the Tue 5 PM ET close.
94.27
Close 93.76 at Tue 5 PM ET
Outside market open. Change since the Tue 6 PM ET close.
103.65
Close 103.32 at Tue 6 PM ET
How well has the weekend price pointed to the reopen?
Over 30 weekends (Mar 20, 2026 to Oct 9, 2026), the WTI oil perp's weekend move correlated 0.92 with where the market stood two hours after Sunday's reopen, and pointed the same way in 25 of the 29 weekends with a real gap. The median move from the last weekend price to two hours after the reopen was 0.98%. Past weekends do not guarantee the next one.
Over 30 weekends (Mar 20, 2026 to Oct 9, 2026), the Brent oil perp's weekend move correlated 0.92 with where the market stood two hours after Sunday's reopen, and pointed the same way in 26 of the 30 weekends with a real gap. The median move from the last weekend price to two hours after the reopen was 0.74%. Past weekends do not guarantee the next one.
While the outside market is closed, trade.xyz sets the contract's reference price from Hyperliquid's own order book. At the reopen that reference returns to the outside price, at most 0.5% per update (about every 3 seconds). So the weekend price is what traders on Hyperliquid are paying: a guide to the reopen, not a forecast.
Questions
Does oil trade on the weekend?
Oil futures do not trade from Friday evening to 6PM ET on Sunday. The WTI and Brent perpetuals on Hyperliquid keep trading, priced by their own order books until the futures reopen.
How reliable is the weekend oil price?
Over 30 weekends (Mar 20, 2026 to Oct 9, 2026), the WTI oil perp's weekend move correlated 0.92 with where the market stood two hours after Sunday's reopen, and pointed the same way in 25 of the 29 weekends with a real gap. The median move from the last weekend price to two hours after the reopen was 0.98%. Past weekends do not guarantee the next one. Over 30 weekends (Mar 20, 2026 to Oct 9, 2026), the Brent oil perp's weekend move correlated 0.92 with where the market stood two hours after Sunday's reopen, and pointed the same way in 26 of the 30 weekends with a real gap. The median move from the last weekend price to two hours after the reopen was 0.74%. Past weekends do not guarantee the next one.
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Open CockpitPrices as of 10:51 UTC, refreshed every minute. Data: Hyperliquid perpetuals listed by trade.xyz; the close is the last trade before the session close. Prices on this page are Hyperliquid perpetual contracts, not the underlying market, and are not investment advice. S&P 500 is a trademark of Standard & Poor's Financial Services LLC; Cockpit is not affiliated with S&P Dow Jones Indices, trade.xyz or Hyperliquid.