At 6:35 a.m. Eastern Time on August 12, 2026, the price of oil sits at $91.60 per barrel, using Brent as the benchmark (we’ll explain what that means shortly). That’s a decrease of 94 cents since yesterday morning and roughly $25 more than at this time last year.
| oil price per barrel | % Change | |
| Price of oil yesterday | $92.54 | -1.01% |
| Price of oil 1 month ago | $76.56 | +19.64% |
| Price of oil 1 year ago | $66.52 | +37.70%% |
