By 6:15 a.m. Eastern Time on July 23, 2026, oil had reached $98.49 per barrel, measured using the Brent benchmark. That’s $3.02 more than it cost yesterday morning and about $29.58 above its price a year earlier.
| Oil price per barrel | % Change | |
|---|---|---|
| Price of oil yesterday | $95.47 | +3.16% |
| Price of oil 1 month ago | $78.80 | +24.98% |
| Price of oil 1 year ago | $68.91 | +42.92% |
