Business & Economy · 2 views
Current price of oil as of October 7, 2026
At 7:15 a.m. Eastern Time today, the price of oil sits at $104.74 per barrel, using Brent as the benchmark (we’ll explain what that means shortly).
Summary
At 7:15 a.m. Eastern Time today, the price of oil sits at $104.74 per barrel, using Brent as the benchmark (we’ll explain what that means shortly). That’s an increase of $3.31 since yesterday morning and roughly $38.60 more than at this time last year. Nobody can predict the future path of oil prices with certainty.
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