Brent Crude Oil Surges Above $97.5057¢ Amid Global Demand
Riding high on rising demand and limited supply, Brent crude oil prices are expected to reach new heights. According to Robinhood's data, at 5:00 PM EDT on September 30, 2026, the price of Brent crude was above $97.5057¢.
This is not the first time Brent crude has broken through the $100 barrier in recent months, but it remains a significant milestone for investors and traders alike. The current market volatility may have some worried about potential corrections, but experts note that global demand for energy continues to drive prices upward.
Robinhood's contract resolves on September 30, 2026, with the outcome determining the close price of the 1-minute candlestick for Brent crude oil at 5:00 PM EDT. The settlement value is rounded to two decimal places, and payouts are typically made within an hour after event resolution.
Those looking to capitalize on this trend can consider trading through Robinhood Derivatives, LLC, with options available through various exchanges including KalshiEX LLC, ForecastEX, LLC, Rothera Exchange and Clearing LLC, or North American Derivatives Exchange, Inc.