diff --git a/srcpkgs/oil/template b/srcpkgs/oil/template
index b35ccf6e2a5..e8c76ec1358 100644
--- a/srcpkgs/oil/template
+++ b/srcpkgs/oil/template
@@ -1,6 +1,6 @@
 # Template file for 'oil'
 pkgname=oil
-version=0.12.0
+version=0.12.3
 revision=1
 build_style=configure
 configure_args="--prefix=/usr $(vopt_with readline)"
@@ -11,7 +11,7 @@ maintainer="MarcoAPC <marcoaureliopc@gmail.com>"
 license="Apache-2.0"
 homepage="https://www.oilshell.org"
 distfiles="https://www.oilshell.org/download/oil-${version}.tar.xz"
-checksum=d73c067ccd7b496588bd0d7d7126c87e22d16aaf847b5afde063c958910fa0ff
+checksum=33c82495cf5cadd564424f6fcf13b8b46f34f4ed2e1ce3efbead65d6dce83edf
 register_shell="/usr/bin/osh /usr/bin/oil"
 nocross="Build systems gets confused with host and cross toolchains/headers"
 nostrip=yes