As of 8:15 a.m. Eastern Time on October 20, 2026, oil is trading at $112.85 per barrel, based on the Brent benchmark we’ll explain in a bit. That’s $2.75 above yesterday morning’s level and about $51.60 higher than where it stood a year ago.
| Oil price per barrel | % Change | |
|---|---|---|
| Price of oil yesterday | $110.10 | +2.49% |
| Price of oil 1 month ago | $104.25 | +8.24% |
| Price of oil 1 year ago | $61.25 | +84.24% |
