By 8:05 a.m. Eastern Time on July 9, 2026, oil had reached $79.25 per barrel, measured using the Brent benchmark. That’s $1.08 more than it cost yesterday morning and about $8.30 above its price a year earlier.
| Oil price per barrel | % Change | |
|---|---|---|
| Price of oil yesterday | $78.17 | +1.38% |
| Price of oil 1 month ago | $96.41 | -17.79% |
| Price of oil 1 year ago | $70.98 | +11.65% |
