As of 6:45 a.m. Eastern Time on October 12, 2026, oil sold for $108.04 per barrel (using Brent as the benchmark, which we’ll get into momentarily). That’s $2.32 higher than yesterday morning and approximately a $44.50 rise over the past year.
| Oil price per barrel | % Change | |
|---|---|---|
| Price of oil yesterday | $105.72 | +2.19% |
| Price of oil 1 month ago | $106.02 | +1.90% |
| Price of oil 1 year ago | $63.49 | +70.16% |
