By 7 a.m. Eastern Time on October 8, 2026, oil had reached $108.33 per barrel, measured using the Brent benchmark. That’s $3.59 more than it cost yesterday morning and about $42 above its price a year earlier.
| Oil price per barrel | % Change | |
|---|---|---|
| Price of oil yesterday | $104.74 | +3.42% |
| Price of oil 1 month ago | $99.15 | +9.25% |
| Price of oil 1 year ago | $66.47 | +62.97% |
