Current price of oil as of October 9, 2026

Oil was priced at $105.72 per barrel at 6:45 a.m. Eastern Time on October 9, 2026, according to the latest update. Brent was used as the benchmark for the quoted price.

The latest figure represents a decline of $2.61 from the previous morning. Despite that daily drop, oil remained about $40 higher than it was one year earlier, highlighting a sharp difference between the short-term move and the year-over-year price level.

What the latest oil price shows

The update places Brent-priced oil above the level recorded a year ago, even after the latest session-to-session decline. The information does not identify a specific reason for the fall or provide additional details about trading activity.

For businesses and consumers that track energy prices, the figures offer a snapshot of the market at a precise point in time. The reported price may change after the 6:45 a.m. reading, while the comparison with the previous morning provides the clearest measure of the latest daily movement.

Key price comparisons

• Current price: $105.72 per barrel
• Benchmark: Brent
• Daily change: Down $2.61
• Year-over-year comparison: About $40 higher

The next updates will show whether the market’s short-term direction changes, but the available data only confirms the current price, the daily decline and the increase from one year earlier.