Current price of oil as of July 27, 2026

As of July 27, 2026, Brent crude oil priced at $90.43 per barrel, down $2.22 from the previous day but up $21.92 over the past year. The article explains factors influencing oil prices, including supply and demand, geopolitical events, and the role of the U.S. Strategic Petroleum Reserve in stabilizing prices during emergencies.