As of 8 a.m. Eastern Time on August 25, 2026, oil is trading at $90.21 per barrel, based on the Brent benchmark we’ll explain in a bit. That’s $3.91 below yesterday morning’s level and about $21.40 higher than where it stood a year ago.
| Oil price per barrel | % Change | |
|---|---|---|
| Price of oil yesterday | $94.12 | -4.15% |
| Price of oil 1 month ago | $98.69 | -8.59% |
| Price of oil 1 year ago | $68.82 | +31.08% |