The ceremony is taking place overnight, with Three Billboards Outside Ebbing, Missouri and The Shape Of Water heading into the night as the two to beat.
Get Out has also picked up some strong traction, with a flurry of bets also allegedly placed on Lady Bird.
So what will win?
Scroll below and check the list as it updates throughout the night.
Best Picture – RESULT PENDING
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- Call Me By Your Name
- Darkest Hour
- Dunkirk
- Get Out
- Lady Bird
- Phantom Thread
- The Post
- The Shape of Water
- Three Billboards Outside Ebbing, Missouri
Best Director – RESULT PENDING
- Dunkirk, Christopher Nolan
- Get Out, Jordan Peele
- Lady Bird, Greta Gerwig
- Phantom Thread, Paul Thomas Anderson
- The Shape of Water, Guillermo Del Toro
Best Actor – RESULT PENDING
- Timothee Chalamet, Call Me By Your Name
- Daniel Day-Lewis, Phantom Thread
- Daniel Kaluuya, Get Out
- Gary Oldman, Darkest Hour
- Denzel Washington, Roman J Israel Esq
Best Actress – RESULT PENDING
- Sally Hawkins, The Shape of Water
- Frances McDormand, Three Billboards Outside Ebbing, Missouri
- Margot Robbie, I Tonya
- Saoirse Ronan, Lady Bird
- Meryl Streep, The Post
Best Supporting Actor
- Willem Dafoe, The Florida Project
- Woody Harrelson, Three Billboards Outside Ebbing, Missouri
- Richard Jenkins, The Shape of Water
- Christopher Plummer, All The Money In The World
- Sam Rockwell, Three Billboards Outside Ebbing, Missouri – WINNER!
Best Supporting Actress
- Mary J Blige, Mudbound
- Allison Janney, I Tonya – WINNER!
- Lesley Manville, Phantom Thread
- Laurie Metcalf, Lady Bird
- Octavia Spencer, The Shape of Water
Best Original Screenplay – RESULT PENDING
- The Big Sick
- Get Out
- Lady Bird
- The Shape of Water
- Three Billboards Outside Ebbing, Missouri
Best Adapted Screenplay – RESULT PENDING
- Call Me By Your Name
- The Disaster Artist
- Logan
- Molly’s Game
- Mudbound
Best Animated Feature Film
- The Boss Baby
- The Breadwinner
- Coco – WINNER!
- Ferdinand
- Loving Vincent
Best Foreign Language Film
- A Fantastic Woman – WINNER!
- The Insult
- Loveless
- On Body and Soul
- The Square
Best Documentary – Feature
- Abbcus
- Faces Places
- Icarus – WINNER!
- Last Men in Aleppo
- Strong Island
Best Documentary – Short Subject – RESULT PENDING
- Edith and Eddie
- Heaven is a Traffic Jam on The 405
- Heroin(e)
- Knife Skills
- Traffic Stop
Best Live Action Short Film – RESULT PENDING
- DeKalb Elementary
- The 11 O’Clock
- My Nephew Emmett
- The Silent Child
- Watu Wote/All Of Us
Best Animated Short Film
- Dear Basketball – WINNER!
- Garden Party
- Lou
- Negative Space
- Revolting Rhymes
Best Original Score – RESULT PENDING
- Dunkirk
- Phantom Thread
- The Shape of Water
- Star Wars: The Last Jedi
- Three Billboards Outside Ebbing, Missouri
Best Original Song – RESULT PENDING
- Mighty River, Mud Bound
- Mystery of Love, Call Me By Your Name
- Remember Me, Coco
- Stand Up for Something, Marshall
- This Is Me, The Greatest Showman
Best Sound Editing
- Baby Driver
- Blade Runner 2049
- Dunkirk – WINNER!
- The Shape of Water
- Star Wars: The Last Jedi
Best Sound Mixing
- Baby Driver
- Blade Runner 2049
- Dunkirk – WINNER!
- The Shape of Water
- Star Wars: The Last Jedi
Best Production Design
- Beauty and the Beast
- Blade Runner 2049
- Darkest Hour
- Dunkirk
- The Shape of Water – WINNER!
Best Cinematography – RESULT PENDING
- Blade Runner 2049
- Darkest Hour
- Dunkirk
- Mudbound
- The Shape of Water
Best Makeup and Hairstyling
- Darkest Hour – WINNER!
- Victoria and Abdul
- Wonder
Best Costume Design
- Beauty and the Beast
- Darkest Hour – WINNER!
- Phantom Thread
- The Shape of Water
- Victoria and Abdul
Best Film Editing – RESULT PENDING
- Baby Driver
- Dunkirk
- I, Tonya
- The Shape of Water
- Three Billboards Outside Ebbing, Missouri
Best Visual Effects – RESULT PENDING
- Blade Runner 2049
- Guardians of the Galaxy Vol2
- Kong: Skull Island
- Star Wars: The Last Jedi
- War for the Planet of the Apes
Last year’s big winner was La La Land, although the top honour of Best Picture deservedly went to Moonlight.
That was after the most notorious gaffe in Oscars history, when La La Land was mistakenly announced first.
Jimmy Kimmel returns to presenting duties this evening,