At 8:45 a.m. Eastern Time on June 3, 2026, the price of oil sits at $101.36 per barrel, using Brent as the benchmark (we’ll explain what that means shortly). That’s an increase of $4.71 since yesterday morning and roughly $35 more than at this time last year.
| oil price per barrel | % Change | |
| Price of oil yesterday | $96.65 | 4.87% |
| Price of oil 1 month ago | $114.15 | -11.20% |
| Price of oil 1 year ago | $66.14 | +53.25% |
