As of 6:20 a.m. Eastern Time on July 21, 2026, oil is trading at $89.93 per barrel, based on the Brent benchmark we’ll explain in a bit. That’s $1.71 above yesterday morning’s level and about $20.50 higher than where it stood a year ago.
| Oil price per barrel | % Change | |
|---|---|---|
| Price of oil yesterday | $88.22 | +1.93% |
| Price of oil 1 month ago | $81.44 | +10.42% |
| Price of oil 1 year ago | $69.42 | +29.54% |