As of 8:45 a.m. Eastern Time on June 23, 2026, oil is trading at $78.04 per barrel, based on the Brent benchmark we’ll explain in a bit. That’s $1.21 below yesterday morning’s level and about $7 higher than where it stood a year ago.
| Oil price per barrel | % Change | |
|---|---|---|
| Price of oil yesterday | $79.25 | -1.52% |
| Price of oil 1 month ago | $105.03 | -25.69% |
| Price of oil 1 year ago | $71.13 | +9.71% |
