As of 9 a.m. Eastern Time on August 24, 2026, oil sold for $94.12 per barrel (using Brent as the benchmark, which we’ll get into momentarily). That’s 54 cents lower than yesterday morning and approximately a $26.21 rise over the past year.
| Oil price per barrel | % Change | |
|---|---|---|
| Price of oil yesterday | $94.66 | -0.57% |
| Price of oil 1 month ago | $101.22 | -7.01% |
| Price of oil 1 year ago | $67.91 | +38.59% |
