At 5:05 a.m. Eastern Time on July 29, 2026, the price of oil sits at $89.53 per barrel, using Brent as the benchmark (we’ll explain what that means shortly). That’s an increase of 45 cents since yesterday morning and roughly $16.84 more than at this time last year.
| oil price per barrel | % Change | |
| Price of oil yesterday | $89.08 | +0.50% |
| Price of oil 1 month ago | $73.90 | +21.15% |
| Price of oil 1 year ago | $72.69 | +23.16% |
