At 9:15 a.m. Eastern Time today, the price of oil sits at $108.78 per barrel, using Brent as the benchmark (we’ll explain what that means shortly). That’s an increase of $5.80 since yesterday morning and roughly $38 more than at this time last year. oil price per barrel % Change Price of oil yesterday $102.98 +5.63% Price of oil 1 month ago $67.60 +60.91% Price of oil 1 year ago $70.57 +54.14% Will oil prices go up? Nobody can predict the future path of oil prices with certaint ...