At 9 a.m. Eastern Time on June 26, oil was priced at $73.74 per barrel with Brent serving as the benchmark (we’ll explain different benchmarks later in this article). That’s a drop of 28 cents compared with yesterday morning and around $5.76 higher than the price one year ago.
| Oil price per barrel | % Change | |
|---|---|---|
| Price of oil yesterday | $74.02 | -0.37% |
| Price of oil 1 month ago | $97.59 | -24.43% |
| Price of oil 1 year ago | $67.98 | +8.47% |