At 6:20 a.m. Eastern Time on July 15, 2026, the price of oil sits at $85.92 per barrel, using Brent as the benchmark (we’ll explain what that means shortly). That’s a decrease of $1.07 since yesterday morning and roughly $16.50 more than at this time last year.
| oil price per barrel | % Change | |
| Price of oil yesterday | $86.99 | -1.23% |
| Price of oil 1 month ago | $85.36 | +0.65% |
| Price of oil 1 year ago | $69.41 | +23.78% |