At 9:15 a.m. Eastern Time today, the price of oil sits at $108.78 per barrel, using Brent as the benchmark (we’ll explain what that means shortly). That’s an increase of $5.80 since yesterday morning and roughly $38 more than at this time last year.
| oil price per barrel | % Change | |
| Price of oil yesterday | $102.98 | +5.63% |
| Price of oil 1 month ago | $67.60 | +60.91% |
| Price of oil 1 year ago | $70.57 | +54.14% |
