Current price of oil as of September 2, 2026

At 8 a.m.

Eastern Time on September 2, 2026, the price of oil sits at $96.11 per barrel, using Brent as the benchmark (we’ll explain what that means shortly).

That’s an increase of $2 since yesterday morning and roughly $26.50 more than at this time last year. oil price per barrel % Change Price of oil yesterday $94.11 +2.12% Price of oil 1 month ago $94.93 +1.24% Price of oil 1 year ago $69.60 +38.08% Check Out Our Daily Rates Reports Discover the highest high-yield savings rates , up to 4.50% for September 3, 2026.

Discover the highest CD rates , up to 4.50% for September 3, 2026.

Discover the top CD rates from major banks on September 3, 2026.

Discover the current mortgage rates for September 3, 2026.

Discover current refi mortgage rates report for September 3, 2026.

Discover current ARM mortgage rates report for September 3, 2026.

Discover current HELOC rates for September 3, 2026.

Discover the current price of gold for September 3, 2026.

Discover the current price of silver for September 3, 2026.

Will oil prices go up? Nobody can predict the future path of oil prices with certainty.

A range of factors influence how oil trades, yet supply and demand remain the main drivers.

When fears of economic slowdown, conflict, or similar shocks rise, oil prices can move sharply.