As of 8:50 a.m. Eastern Time today, oil sold for $74 per barrel (using Brent as the benchmark, which we’ll get into momentarily). That’s 15 cents lower than yesterday morning and approximately a $6.67 rise over the past year.
| Oil price per barrel | % Change | |
|---|---|---|
| Price of oil yesterday | $74.15 | -0.20% |
| Price of oil 1 month ago | $95.86 | -22.80% |
| Price of oil 1 year ago | $67.33 | +9.90% |
