As of 7:15 a.m. Eastern Time on July 28, 2026, oil is trading at $89.08 per barrel, based on the Brent benchmark we’ll explain in a bit. That’s $1.35 below yesterday morning’s level and about $18.50 higher than where it stood a year ago.
| Oil price per barrel | % Change | |
|---|---|---|
| Price of oil yesterday | $90.43 | -1.49% |
| Price of oil 1 month ago | $74.39 | +19.74% |
| Price of oil 1 year ago | $70.50 | +26.35% |
