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The Nexus
BUSINESSJun 12 · 12:52 UTCFORTUNEJoseph Hostetler

Current price of oil as of June 12, 2026

As of June 12, 2026, oil was priced at $89.94 per barrel, a $5.21 drop from the previous day but $19 higher than one year ago. The article discusses factors influencing oil prices, including supply and demand dynamics, economic uncertainties, and the role of benchmarks like Brent and West Texas Intermediate (WTI).

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Brent crude oiltopicWest Texas Intermediate (WTI)topicU.S. Strategic Petroleum ReserveorganizationU.S. Energy Information Administrationorganizationoil price benchmarkstopic
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Current price of oil as of June 12, 2026 · The Nexus