At 8 a.m. Eastern Time on August 21, 2026, oil was priced at $95.29 per barrel with Brent serving as the benchmark (we’ll explain different benchmarks later in this article). That’s a loss of 11 cents compared with yesterday morning and more than $27 higher than the price one year ago.
| Oil price per barrel | % Change | |
|---|---|---|
| Price of oil yesterday | $95.40 | -0.11% |
| Price of oil 1 month ago | $89.12 | +6.92% |
| Price of oil 1 year ago | $67.80 | +40.54% |
