As of 9:20 a.m. Eastern Time on May 19, 2026, oil is trading at $112.93 per barrel, based on the Brent benchmark we’ll explain in a bit. That’s $2.85 above yesterday morning’s level and about $47 higher than where it stood a year ago.
| Oil price per barrel | % Change | |
|---|---|---|
| Price of oil yesterday | $110.08 | +2.58% |
| Price of oil 1 month ago | $93.27 | +21.07% |
| Price of oil 1 year ago | $65.77 | +71.70% |