As of 8:20 a.m. Eastern Time today, oil is trading at $96.65 per barrel, based on the Brent benchmark we’ll explain in a bit. That’s 23 cents above yesterday morning’s level and about $31 higher than where it stood a year ago.
| Oil price per barrel | % Change | |
|---|---|---|
| Price of oil yesterday | $96.42 | +0.23% |
| Price of oil 1 month ago | $114.15 | -15.33% |
| Price of oil 1 year ago | $65.65 | +47.22% |
