As of 8:30 a.m. Eastern Time on August 31, 2026, oil sold for $93.03 per barrel (using Brent as the benchmark, which we’ll get into momentarily). That’s $1.06 higher than yesterday morning and approximately a $25 rise over the past year.
| Oil price per barrel | % Change | |
|---|---|---|
| Price of oil yesterday | $91.97 | +1.15% |
| Price of oil 1 month ago | $91.45 | +1.72% |
| Price of oil 1 year ago | $67.94 | +36.92% |
