As of 8:30 a.m. Eastern Time on March 31, 2026, oil is trading at $110.69 per barrel, based on the Brent benchmark we’ll explain in a bit. That’s 41 cents below yesterday morning’s level—but about $35 higher than where it stood a year ago.
| Oil price per barrel | % Change | |
|---|---|---|
| Price of oil yesterday | $111.10 | -0.36% |
| Price of oil 1 month ago | $73.61 | +50.37% |
| Price of oil 1 year ago | $75.20 | +47.19% |
