By 10:15 a.m. Eastern Time on April 2, 2026, oil had reached $111.69 per barrel, measured using the Brent benchmark. That’s $6.83 more than it cost yesterday morning and about $41.42 above its price a year earlier. Oil price per barrel % Change Price of oil yesterday $104.86 +6.51% Price of oil 1 month ago $79.27 +40.90 Price of oil 1 year ago $70.27 +58.94% Check Out Our Daily Rates Reports Will oil prices go up? Oil prices are inherently unpredictable. While many variables ...