Current price of oil as of June 11, 2026 (Credit: Getty Images) By 9 a.m. Eastern Time today, oil had reached $95.15 per barrel, measured using the Brent benchmark. That’s 88 cents less than it cost yesterday morning and about $24 above its price a year earlier. Oil price per barrel % Change Price of oil yesterday $94.27 -0.93% Price of oil 1 month ago $107.79 -11.72% Price of oil 1 year ago $71.17 +33.69% Will oil prices go up? Oil prices are inherently unpredictable.