As of 6:20 a.m. Eastern Time, oil is trading at $92.54 per barrel, based on the Brent benchmark we’ll explain in a bit. That’s $4.99 above yesterday morning’s level and about $25.38 higher than where it stood a year ago.
| Oil price per barrel | % Change | |
|---|---|---|
| Price of oil yesterday | $87.55 | +5.69% |
| Price of oil 1 month ago | $76.55 | +20.88% |
| Price of oil 1 year ago | $67.16 | +37.79% |
