When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.
At 6:05 a.m. Eastern Time on July 22, 2026, the price of oil sits at $95.47 per barrel, using Brent as the benchmark (we’ll explain what that means shortly). That’s an increase of $1.06 since yesterday morning and roughly $26.50 more than at this time last year.
oil price per barrel % Change
Price of oil yesterday $89.93 +1.18%
Price of oil 1 month ago $82.44 +15.80%
Price of oil 1 year ago $69 +38.36%
When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.
When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.
When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.
When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.
When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.
When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.
