At 7:15 a.m. Eastern Time on October 7, 2026, the price of oil sits at $104.74 per barrel, using Brent as the benchmark (we’ll explain what that means shortly). That’s an increase of $3.31 since yesterday morning and roughly $38.60 more than at this time last year.
| oil price per barrel | % Change | |
| Price of oil yesterday | $101.43 | +3.26% |
| Price of oil 1 month ago | $98.60 | +6.22% |
| Price of oil 1 year ago | $66.16 | +58.31% |
