At 6:30 a.m. Eastern Time on August 28, 2026, oil was priced at $90.55 per barrel with Brent serving as the benchmark (we’ll explain different benchmarks later in this article). That’s a gain of 87 cents compared with yesterday morning and around $22.34 higher than the price one year ago.
| Oil price per barrel | % Change | |
|---|---|---|
| Price of oil yesterday | $89.68 | +0.97% |
| Price of oil 1 month ago | $90.29 | +0.28% |
| Price of oil 1 year ago | $68.21 | +32.75% |