As of 8:30 a.m. Eastern Time today, oil sold for $72.36 per barrel (using Brent as the benchmark, which we’ll get into momentarily). That’s 5 cents higher than yesterday and approximately a $3.50 rise over the past year.
| Oil price per barrel | % Change | |
|---|---|---|
| Price of oil yesterday | $72.31 | +0.06% |
| Price of oil 1 month ago | $95.60 | -24.30% |
| Price of oil 1 year ago | $68.83 | +5.12% |
