Oil Prices in February 2000: WTI & Brent Daily Prices and Monthly Average
At $29.37 per barrel, February 2000's WTI average was the highest monthly average in nominal terms since November 1990, up $2.11 (7.7%) from January 2000. The average was 145% above the $12.01 of February 1999.
Daily spot prices, February 2000
Chart data table (21 rows)
| Period | WTI | Brent |
|---|---|---|
| Feb 29, 2000 | $30.57 | $29.01 |
| Feb 28, 2000 | $30.11 | $28.70 |
| Feb 25, 2000 | $30.34 | $28.53 |
| Feb 24, 2000 | $30.23 | $28.21 |
| Feb 23, 2000 | $30.19 | $27.92 |
| Feb 22, 2000 | $29.63 | $27.22 |
| Feb 21, 2000 | — | $26.93 |
| Feb 18, 2000 | $29.51 | $27.26 |
| Feb 17, 2000 | $29.37 | $27.54 |
| Feb 16, 2000 | $30.01 | $28.11 |
| Feb 15, 2000 | $30.17 | $28.12 |
| Feb 14, 2000 | $30.30 | $28.03 |
| Feb 11, 2000 | $29.51 | $27.82 |
| Feb 10, 2000 | $29.49 | $27.32 |
| Feb 9, 2000 | $28.71 | $27.44 |
| Feb 8, 2000 | $28.05 | $27.61 |
| Feb 7, 2000 | $28.40 | $27.94 |
| Feb 4, 2000 | $28.67 | $27.48 |
| Feb 3, 2000 | $28.26 | $27.60 |
| Feb 2, 2000 | $27.52 | $27.15 |
| Feb 1, 2000 | $28.28 | $27.35 |
Prices rose over the month, from $28.28 on Feb 1, 2000 to $30.57 on Feb 29, 2000, with gains on 13 of 20 trading days.
Brent traded below WTI on average this month: $27.78 for the month, $1.55 under WTI across 20 matched dates.
Adjusted with CPI-U, the February 2000 average equals $58.28 in September 2026 dollars.
February 2000 summary
| Measure | WTI | Brent |
|---|---|---|
| Monthly average | $29.37 | $27.78 |
| Change vs January 2000 | +$2.11 | +$2.27 |
| Change vs February 1999 | +$17.36 | +$17.51 |
| Highest daily price | $30.57 Feb 29, 2000 | $29.01 Feb 29, 2000 |
| Lowest daily price | $27.52 Feb 2, 2000 | $26.93 Feb 21, 2000 |
| Published daily observations | 20 | 21 |
| Average in September 2026 dollars (CPI-U) | $58.28 | $55.12 |
Monthly averages are EIA's published figures. Real figures use CPI-U for February 2000.
Source and methodology
| Provider | Series | Units | Coverage | Latest observation |
|---|---|---|---|---|
| U.S. Energy Information Administration | RWTC — WTI spot price FOB (daily, monthly) | $/bbl | Feb 1, 2000 – Feb 29, 2000 | Feb 29, 2000 |
| U.S. Energy Information Administration | RBRTE — Brent spot price FOB (daily, monthly) | $/bbl | Feb 1, 2000 – Feb 29, 2000 | Feb 29, 2000 |
| U.S. Bureau of Labor Statistics | CUUR0000SA0 — CPI-U, all items, NSA | index, 1982–84=100 | monthly | September 2026 |
Last updated: Oct 21, 2026, 5:27 PM CDT. Raw values are shown in source units; any conversion is labeled. See methodology and data sources.
Download:2000 daily prices (CSV)