At 9 a.m. Eastern Time on May 27, 2026, the price of oil sits at $96.28 per barrel, using Brent as the benchmark (we’ll explain what that means shortly). That’s a decrease of $3.92 since yesterday morning and roughly $32 more than at this time last year.
| oil price per barrel | % Change | |
| Price of oil yesterday | $100.20 | -3.55% |
| Price of oil 1 month ago | $106.96 | -9.98% |
| Price of oil 1 year ago | $64.37 | +49.57% |