Current price of oil as of October 14, 2026
When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.
As of October 14, 2026, at 7:15 a.m. Eastern Time, the price of oil stands at $108.70 per barrel, based on the benchmark of Brent crude (an explanation of this benchmark follows). This represents a $1.41 increase from yesterday's morning price and a $46 rise compared to the same time last year. The previous price at the same time yesterday was $107.29, a 1.31% increase. Comparatively, the price a month ago was $109.19, a 0.44% decline. One year ago, the price was $62.54, a 73.80% increase.
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