By 7:15 a.m. Eastern Time, oil had reached $89.68 per barrel, measured using the Brent benchmark. That’s $2.27 more than it cost yesterday morning and about $21.90 above its price a year earlier.
| Oil price per barrel | % Change | |
|---|---|---|
| Price of oil yesterday | $87.41 | +2.59% |
| Price of oil 1 month ago | $92.90 | -3.46% |
| Price of oil 1 year ago | $67.80 | +32.27% |
