As of 7 a.m. Eastern Time today, oil sold for $105.81 per barrel (using Brent as the benchmark, which we’ll get into momentarily). That’s $2.44 higher than yesterday morning and approximately a $40 rise over the past year.
| Oil price per barrel | % Change | |
|---|---|---|
| Price of oil yesterday | $103.37 | +2.36% |
| Price of oil 1 month ago | $97.87 | +8.11% |
| Price of oil 1 year ago | $65.57 | +61.36% |
