As of 8:45 a.m. Eastern Time on April 7, 2026, oil is trading at $113.40 per barrel, based on the Brent benchmark we’ll explain in a bit. That’s $2.15 above yesterday morning’s level and about $48 higher than where it stood a year ago.
| Oil price per barrel | % Change | |
|---|---|---|
| Price of oil yesterday | $111.25 | +1.93% |
| Price of oil 1 month ago | $84.72 | +33.85% |
| Price of oil 1 year ago | $64.63 | +75.46% |
