At 8 a.m. Eastern Time on September 18, 2026, oil was priced at $104.33 per barrel with Brent serving as the benchmark (we’ll explain different benchmarks later in this article). That’s a gain of 35 cents compared with yesterday morning and around $37 higher than the price one year ago.
| Oil price per barrel | % Change | |
|---|---|---|
| Price of oil yesterday | $103.98 | +0.33% |
| Price of oil 1 month ago | $92.81 | +12.41% |
| Price of oil 1 year ago | $67.68 | +54.15% |