Current price of oil as of June 11, 2026

As of June 11, 2026, Brent crude oil reached $95.15 per barrel by 9 a.m. Eastern Time, down 88 cents from the previous day and $24 higher than a year earlier. Oil prices are influenced by supply and demand dynamics, with declines in crude prices often leading to slower reductions in gas pump prices. The U.S. Strategic Petroleum Reserve serves as an emergency buffer for energy security.