Current price of oil as of March 19, 2026
By 9:15 a.m. Eastern Time today, oil had reached $113.71 per barrel, measured using the Brent benchmark. That’s $4.93 more than it cost yesterday morning and more than $42 above its price a year earlier.
| Oil price per barrel | % Change | |
|---|---|---|
| Price of oil yesterday | $108.78 | +4.53% |
| Price of oil 1 month ago | $70.37 | +61.58% |
| Price of oil 1 year ago | $70.99 | +60.17% |
Will oil prices go up?