Hypotheses for the formation of many types of hydrothermal ore deposits often involve the direct contribution of magma-related fluids (e.g., Cu-Mo-Au porphyries) or their superimposition on barren hydrothermal cells (e.g., volcanic-hosted massive sulfide deposits). However, the chemical and phase compositions of such fluids remain largely unknown. We report preliminary results of a comprehensive study of fluid bubbles trapped inside glassy melt inclusions in primitive olivine phenocrysts and pillow-rim glasses from basaltic magmas from different tectonic environments, including mid-ocean ridges (Macquarie Island, SW Pacific and Mid-Atlantic Ridge 43°N Fracture Zone), ocean islands (Hawaii) and a variety of modern and ancient backarc-island ...