💼 Business 5h ago · Joseph Hostetler

Current price of oil as of October 15, 2026

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Current price of oil as of October 15, 2026
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By 7:15 a.m. Eastern Time today, oil had reached $106.67 per barrel, measured using the Brent benchmark. That’s $2.03 less than it cost yesterday morning and about $44 above its price a year earlier.



Oil price per barrel% ChangePrice of oil yesterday$108.70-1.86%Price of oil 1 month ago$107.70-0.95%Price of oil 1 year ago$62.71+70.10%



Will oil prices go up?



Oil prices are inherently unpredictable. While many variables come into play, the basic push and pull of supply and demand is

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