At 7:15 a.m. Eastern Time, the price of oil sits at $87.41 per barrel, using Brent as the benchmark (we’ll explain what that means shortly). That’s a decrease of $2.80 since yesterday morning and roughly $20 more than at this time last year.
| oil price per barrel | % Change | |
| Price of oil yesterday | $90.21 | -3.10% |
| Price of oil 1 month ago | $98.69 | -11.42% |
| Price of oil 1 year ago | $67.31 | +29.86% |
