As of 6:45 a.m. Eastern Time on August 18, 2026, oil is trading at $92.42 per barrel, based on the Brent benchmark we’ll explain in a bit. That’s 89 cents above yesterday morning’s level and $25.68 higher than where it stood a year ago.
| Oil price per barrel | % Change | |
|---|---|---|
| Price of oil yesterday | $91.53 | +0.97% |
| Price of oil 1 month ago | $88.54 | +4.38% |
| Price of oil 1 year ago | $66.74 | +38.47% |
