As of 7:30 a.m. Eastern Time today, oil is trading at $101.43 per barrel, based on the Brent benchmark we’ll explain in a bit. That’s $4.38 below yesterday morning’s level and about $35.50 higher than where it stood a year ago.
| Oil price per barrel | % Change | |
|---|---|---|
| Price of oil yesterday | $105.81 | -4.13% |
| Price of oil 1 month ago | $97.87 | +3.63% |
| Price of oil 1 year ago | $65.94 | +53.82% |
