As of 7:45 a.m. Eastern Time today, oil is trading at $107.29 per barrel, based on the Brent benchmark we’ll explain in a bit. That’s 75 cents below yesterday morning’s level and about $44 higher than where it stood a year ago.
| Oil price per barrel | % Change | |
|---|---|---|
| Price of oil yesterday | $108.04 | -0.69% |
| Price of oil 1 month ago | $106.02 | +1.19% |
| Price of oil 1 year ago | $63.69 | +68.45% |
