Current price of oil as of March 20, 2026
At 8:30 a.m. Eastern Time today, oil was priced at $107.40 per barrel with Brent serving as the benchmark (we’ll explain different benchmarks later in this article). That’s a drop of $6.31 compared with yesterday morning and around $35 higher than the price one year ago.
| Oil price per barrel | % Change | |
|---|---|---|
| Price of oil yesterday | $113.71 | -5.54% |
| Price of oil 1 month ago | $72.14 | +48.87% |
| Price... |