By 7 a.m. Eastern Time on Aug. 6, oil had reached $83.64 per barrel, measured using the Brent benchmark. That’s 8 cents less than it cost yesterday morning and about $16.10 above its price a year earlier.
| Oil price per barrel | % Change | |
|---|---|---|
| Price of oil yesterday | $83.72 | -0.09% |
| Price of oil 1 month ago | $72.25 | +15.76% |
| Price of oil 1 year ago | $67.54 | +23.83% |