Current price of oil as of June 30 2026

As of June 30, 2026, oil is trading at $75.02 per barrel using the Brent benchmark, up $1.02 from the previous day and $7.24 higher than a year ago. The article highlights factors influencing oil prices, including supply and demand dynamics, geopolitical risks, and the role of the U.S. Strategic Petroleum Reserve in stabilizing markets during crises.