As of 9 a.m. Eastern Time on July 7, 2026, oil is trading at $73.29 per barrel, based on the Brent benchmark we’ll explain in a bit. That’s 93 cents above yesterday morning’s level and about $2.80 higher than where it stood a year ago.
| Oil price per barrel | % Change | |
|---|---|---|
| Price of oil yesterday | $72.36 | +1.28% |
| Price of oil 1 month ago | $95.60 | -23.33% |
| Price of oil 1 year ago | $70.49 | +3.97% |
