Current price of oil as of March 23, 2026
As of 9 a.m. Eastern Time today, oil sold for $101.44 per barrel (using Brent as the benchmark, which we’ll get into momentarily). That’s $10.64 lower than yesterday—but approximately a $29 rise over the past year.
| Oil price per barrel | % Change | |
|---|---|---|
| Price of oil yesterday | $112.08 | -9.49% |
| Price of oil 1 month ago | $71.06 | +42.75% |
| Price of oil 1 year ago | $72.34 | +40.22% |
Will oil prices go up?
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