As of 8:30 a.m. Eastern Time on June 16, 2026, oil is trading at $81.55 per barrel, based on the Brent benchmark we’ll explain in a bit. That’s $3.07 below yesterday morning’s level and about $9 higher than where it stood a year ago.
| Oil price per barrel | % Change | |
|---|---|---|
| Price of oil yesterday | $84.62 | -3.62% |
| Price of oil 1 month ago | $111.91 | -27.12% |
| Price of oil 1 year ago | $72.81 | +12.00% |