diff --git a/lua/oil/actions.lua b/lua/oil/actions.lua
index 50a266ab..8dabe40a 100644
--- a/lua/oil/actions.lua
+++ b/lua/oil/actions.lua
@@ -143,7 +143,16 @@ M.parent = {
 
 M.close = {
   desc = "Close oil and restore original buffer",
-  callback = oil.close,
+  callback = function(opts)
+    opts = opts or {}
+    oil.close(opts)
+  end,
+  parameters = {
+    exit_if_last_buf = {
+      type = "boolean",
+      desc = "Exit vim if oil is closed as the last buffer",
+    },
+  },
 }
 
 ---@param cmd string
diff --git a/lua/oil/init.lua b/lua/oil/init.lua
index d6734849..7645f351 100644
--- a/lua/oil/init.lua
+++ b/lua/oil/init.lua
@@ -379,8 +379,13 @@ M.open = function(dir)
   update_preview_window()
 end
 
+---@class oil.CloseOpts
+---@field exit_if_last_buf? boolean Exit vim if this oil buffer is the last open buffer
+
 ---Restore the buffer that was present when oil was opened
-M.close = function()
+---@param opts? oil.CloseOpts
+M.close = function(opts)
+  opts = opts or {}
   -- If we're in a floating oil window, close it and try to restore focus to the original window
   if vim.w.is_oil_win then
     local original_winid = vim.w.oil_original_win
@@ -403,9 +408,14 @@ M.close = function()
   -- buffer first
   local oilbuf = vim.api.nvim_get_current_buf()
   ok = pcall(vim.cmd.bprev)
+  -- If `bprev` failed, there are no buffers open
   if not ok then
-    -- If `bprev` failed, there are no buffers open so we should create a new one with enew
-    vim.cmd.enew()
+    -- either exit or create a new blank buffer
+    if opts.exit_if_last_buf then
+      vim.cmd.quit()
+    else
+      vim.cmd.enew()
+    end
   end
   vim.api.nvim_buf_delete(oilbuf, { force = true })
 end