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Fortune

Joseph Hostetler

Current price of oil as of Sept. 2, 2026

Oil Donald Trump Natural Gas United States OPEC

Current price of oil as of Sept. 2, 2026 (Credit: Getty Images)

At 8 a.m. Eastern Time on September 2, 2026, the price of oil sits at $96.11 per barrel, using Brent as the benchmark (we’ll explain what that means shortly). That’s an increase of $2 since yesterday morning and roughly $26.50 more than at this time last year.

	oil price per barrel	% Change
Price of oil yesterday	$94.11	+2.12%
Price of oil 1 month ago	$94.93	+1.24%
Price of oil 1 year ago	$69.60	+38.08%

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