We report the first experimental evidence for a metallic phase in fluid molecular oxygen. Our electrical conductivity measurements of fluid oxygen under dynamic quasi-isentropic compression show that a non-metal/metal transition occurs at 3.4 fold compression, 4500 K and 1.2 Mbar. We discuss the main features of the electrical conductivity dependence on density and temperature and give an interpretation of the nature of the electrical transport mechanisms in fluid oxygen at these extreme conditions. PACS numbers: 71.30.+h, 62.50.+p, 77.22.Ej The transition of condensed matter between electrically conducting and insulating states is a topic of wide scientific interest, whose relevance ranges from superconductivity to collosal magnetoresistance [1], to more recently thermoelectricity [2]. The metal/insulator transition has received renewed attention during the past decade in the context of high pressure research [3]. Although much progress has been made in developing experimental, theoretical and computational tools appropriate for the study of the metal/insulator transition at extreme conditions, our present understanding is mostly phenomenological and still incomplete. Given the "simple" nature of their interactions, the homonuclear diatomic molecular species, e.g. hydrogen [4][5][6], oxygen [7][8][9], nitrogen [10] and the halogens [11], have been intensively studied using both static and dynamic high pressure techniques.We report in this letter the first experimental evidence for a non-metal/metal transition in the molecular fluid phase of oxygen under high dynamic compression. Oxygen has very rich physics at high pressure. Since dramatic color changes were reported in the 100kbar pressure range [12], the high pressure solid phases of oxygen have been extensively investigated using structural [13][14][15], optical [7,8] and transport techniques [9]. A metallic state and evidence for superconductivity have been identified in the solid around 1M bar at very low temperatures [8,9]. The properties of the liquid on the other hand have not been explored much, due to experimental difficulties and also technical and conceptual challenges for theory.New insights on the physics of warm dense matter were provided by dynamic compression experiments on hydrogen [5,6]. We present the first electrical conductivity measurements of fluid oxygen under dynamic quasiisentropic compression between 0.3 and 1.9M bar. In our experiments fluid oxygen reaches up to 4-fold compression and temperatures below 7000K, conditions never before reached experimentally. We note that these conditions are similar with the ones found in the interiors of the giant planets, where oxygen is a major constituent, and that these conductivity measurements may be instrumental in explaining the origins of the planetary magnetic fields.We measured the electrical resistance of quasiisentropically compressed oxygen starting from high purity (99.995%), disk shaped liquid samples [16] of density d 0 = 1.202g/cm 3 at T 0 = 77K and atmospheric pressure. The hig...