As of 9:10 a.m. Eastern Time on May 18, 2026, oil sold for $110.08 per barrel (using Brent as the benchmark, which we’ll get into momentarily). That’s $2.52 lower than yesterday morning and approximately a $44 rise over the past year.
| Oil price per barrel | % Change | |
|---|---|---|
| Price of oil yesterday | $112.60 | -2.23% |
| Price of oil 1 month ago | $93.27 | +18.03% |
| Price of oil 1 year ago | $65.86 | +67.14% |
