By 9 a.m. Eastern Time on May 21, 2026, oil had reached $108.76 per barrel, measured using the Brent benchmark. That’s $1.58 less than it cost yesterday morning and about $44 above its price a year earlier.
| Oil price per barrel | % Change | |
|---|---|---|
| Price of oil yesterday | $110.34 | -1.43% |
| Price of oil 1 month ago | $94.75 | +14.78% |
| Price of oil 1 year ago | $64.84 | +67.73% |
