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Oil Prices in 2001: WTI & Brent History and Monthly Averages

WTI average
$25.98
EIA annual average
WTI vs prior year
−14.5%
2000: $30.38
Brent average
$24.46
EIA annual average
Brent vs prior year
−14.7%
2000: $28.66

WTI averaged $25.98 per barrel in 2001, down $4.40 (14.5%) from 2000; that was the lowest annual average since 1999.

Monthly average prices in 2001

Monthly averages and daily ranges, 2001 ($/bbl)
MonthWTI avgWTI highWTI lowBrent avgBrent − WTI (matched dates)WTI (September 2026 $)Brent (September 2026 $)
January$29.59$32.21$27.29$25.62−$3.98$56.94$49.30
February$29.61$31.57$27.35$27.50−$2.08$56.75$52.71
March$27.25$28.95$25.99$24.50−$2.75$52.11$46.85
April$27.49$28.81$25.24$25.66−$1.89$52.36$48.87
May$28.63$29.96$27.35$28.31−$0.32$54.29$53.68
June$27.60$29.13$25.67$27.85+$0.25$52.24$52.72
July$26.43$28.10$24.65$24.61−$1.88$50.17$46.72
August$27.37$28.34$25.63$25.68−$1.69$51.96$48.75
September$26.20$29.59$21.46$25.62−$0.63$49.51$48.42
October$22.17$23.49$21.20$20.54−$1.63$42.04$38.95
November$19.64$22.23$17.50$18.80−$0.91$37.30$35.71
December$19.39$21.32$18.04$18.71−$0.57$36.97$35.68

Monthly averages are EIA's published figures. Brent − WTI is the average over dates with both prices published, so it can differ from the difference between the two monthly averages. Inflation-adjusted columns use CPI-U for each month, expressed in September 2026 dollars; “—” means CPI-U for that month is not available.

The steepest fall within the year ran from $32.21 on Jan 22, 2001 to $17.50 on Nov 15, 2001, a 46% drop. The price moved by 5% or more in a single day 15 times. It was below $20 on 27 days. From $24.65 on Jul 18, 2001, WTI climbed to $29.59 by Sep 14, 2001, a 20% gain.

The Brent–WTI spread changed sign during 2001: Brent's monthly average was below WTI's in 11 of 12 months and above it in the rest, for an average of −$1.52 on 249 matched dates. Brent averaged $24.46, down $4.20 (14.7%) from 2000.

Monthly averages peaked early, at $29.61 in February, and bottomed at $19.39 in December. In September 2026 dollars (CPI-U), the 2001 average is $49.43, lower than 2025's real average by $19.01 (27.8%). The 2000s as a whole averaged $51.10, so 2001 ran below its decade. Of 40 complete years with an EIA annual average, 2001 ranks 15th lowest.

2001 summary statistics

MeasureWTIBrentBrent − WTI
Average$25.98$24.46−$1.52
Change vs 2000 average−$4.40−$4.20+$0.29
Highest daily price$32.21 Jan 22, 2001$30.68 Feb 8, 2001—
Lowest daily price$17.50 Nov 15, 2001$16.51 Nov 15, 2001—
Highest daily spread——+$1.47 Sep 11, 2001
Lowest daily spread——−$5.83 Jan 19, 2001
First observation$27.29 Jan 2, 2001$23.43 Jan 2, 2001—
Last observation$19.96 Dec 31, 2001$19.35 Dec 31, 2001—
Published daily observations250257249 matched
Average in September 2026 dollars$49.43$46.54—

Daily spot prices in 2001

Show all 258 dates (Jan 2, 2001 – Dec 31, 2001)
DateWTIBrentBrent − WTI
Jan 2, 2001$27.29$23.43−$3.86
Jan 3, 2001$27.93$23.44−$4.49
Jan 4, 2001$27.95$24.57−$3.38
Jan 5, 2001$28.02$24.77−$3.25
Jan 8, 2001$27.44$24.75−$2.69
Jan 9, 2001$27.72$24.13−$3.59
Jan 10, 2001$29.42$24.98−$4.44
Jan 11, 2001$29.42$25.60−$3.82
Jan 12, 2001$30.07$25.63−$4.44
Jan 15, 2001—$26.03—
Jan 16, 2001$30.19$25.52−$4.67
Jan 17, 2001$29.77$24.27−$5.50
Jan 18, 2001$30.42$24.74−$5.68
Jan 19, 2001$32.12$26.29−$5.83
Jan 22, 2001$32.21$27.69−$4.52
Jan 23, 2001$31.66$27.02−$4.64
Jan 24, 2001$31.46$27.04−$4.42
Jan 25, 2001$31.61$26.94−$4.67
Jan 26, 2001$29.79$27.04−$2.75
Jan 29, 2001$29.07$26.95−$2.12
Jan 30, 2001$29.12$26.32−$2.80
Jan 31, 2001$28.62$26.59−$2.03
Feb 1, 2001$29.88$27.17−$2.71
Feb 2, 2001$31.27$28.90−$2.37
Feb 5, 2001$30.55$29.25−$1.30
Feb 6, 2001$30.27$29.10−$1.17
Feb 7, 2001$31.27$29.54−$1.73
Feb 8, 2001$31.57$30.68−$0.89
Feb 9, 2001$30.93$29.53−$1.40
Feb 12, 2001$30.52$29.32−$1.20
Feb 13, 2001$30.12$28.00−$2.12
Feb 14, 2001$29.55$27.89−$1.66
Feb 15, 2001$28.96$26.33−$2.63
Feb 16, 2001$29.22$26.61−$2.61
Feb 19, 2001—$27.05—
Feb 20, 2001$28.60$26.45−$2.15
Feb 21, 2001$28.64$26.10−$2.54
Feb 22, 2001$28.52$25.75−$2.77
Feb 23, 2001$28.83$26.12−$2.71
Feb 26, 2001$28.27$25.84−$2.43
Feb 27, 2001$28.26$25.28−$2.98
Feb 28, 2001$27.35$25.16−$2.19
Mar 1, 2001$27.78$24.76−$3.02
Mar 2, 2001$27.89$25.28−$2.61
Mar 5, 2001$28.61$25.98−$2.63
Mar 6, 2001$28.40$25.59−$2.81
Mar 7, 2001$28.95$25.91−$3.04
Mar 8, 2001$28.31$26.37−$1.94
Mar 9, 2001$27.97$25.78−$2.19
Mar 12, 2001$27.91$25.34−$2.57
Mar 13, 2001$27.45$24.80−$2.65
Mar 14, 2001$26.49$24.31−$2.18
Mar 15, 2001$26.56$23.37−$3.19
Mar 16, 2001$26.68$23.84−$2.84
Mar 19, 2001$26.17$23.19−$2.98
Mar 20, 2001$25.99$23.63−$2.36
Mar 21, 2001$26.43$23.21−$3.22
Mar 22, 2001$26.19$23.45−$2.74
Mar 23, 2001$27.31$23.94−$3.37
Mar 26, 2001$27.40$24.01−$3.39
Mar 27, 2001$27.62$24.41−$3.21
Mar 28, 2001$26.43$24.50−$1.93
Mar 29, 2001$26.47$23.77−$2.70
Mar 30, 2001$26.37$23.50−$2.87
Apr 2, 2001$25.70$23.31−$2.39
Apr 3, 2001$26.65$23.47−$3.18
Apr 4, 2001$27.16$24.35−$2.81
Apr 5, 2001$27.24$24.87−$2.37
Apr 6, 2001$27.07$24.02−$3.05
Apr 9, 2001$27.45$24.37−$3.08
Apr 10, 2001$28.47$25.64−$2.83
Apr 11, 2001$28.42$26.08−$2.34
Apr 12, 2001$28.75$27.12−$1.63
Apr 13, 2001—$26.80—
Apr 16, 2001$28.81$26.80−$2.01
Apr 17, 2001$27.89$26.99−$0.90
Apr 18, 2001$27.83$26.11−$1.72
Apr 19, 2001$27.92$25.86−$2.06
Apr 20, 2001$27.00$25.57−$1.43
Apr 23, 2001$26.97$25.42−$1.55
Apr 24, 2001$25.24$25.76+$0.52
Apr 25, 2001$25.93$25.49−$0.44
Apr 26, 2001$28.47$26.71−$1.76
Apr 27, 2001$28.35$26.85−$1.50
Apr 30, 2001$28.48$27.21−$1.27
May 1, 2001$28.37$27.31−$1.06
May 2, 2001$27.89$26.82−$1.07
May 3, 2001$28.66$27.46−$1.20
May 4, 2001$28.41$27.59−$0.82
May 7, 2001$27.79$27.71−$0.08
May 8, 2001$27.35$27.45+$0.10
May 9, 2001$28.39$27.46−$0.93
May 10, 2001$28.50$28.27−$0.23
May 11, 2001$28.59$27.97−$0.62
May 14, 2001$28.83$27.77−$1.06
May 15, 2001$28.90$27.88−$1.02
May 16, 2001$28.77$28.19−$0.58
May 17, 2001$29.02$28.57−$0.45
May 18, 2001$29.90$29.30−$0.60
May 21, 2001$29.96$29.80−$0.16
May 22, 2001$29.75$29.72−$0.03
May 23, 2001$28.85$29.51+$0.66
May 24, 2001$27.97$28.85+$0.88
May 25, 2001$28.08$28.69+$0.61
May 29, 2001$28.76$29.11+$0.35
May 30, 2001$28.71$28.92+$0.21
May 31, 2001$28.39$28.55+$0.16
Jun 1, 2001$27.88$28.86+$0.98
Jun 4, 2001$28.14$28.95+$0.81
Jun 5, 2001$27.84$29.25+$1.41
Jun 6, 2001$27.56$28.73+$1.17
Jun 7, 2001$27.91$28.55+$0.64
Jun 8, 2001$28.43$28.88+$0.45
Jun 11, 2001$28.94$29.57+$0.63
Jun 12, 2001$29.13$29.03−$0.10
Jun 13, 2001$28.81$29.13+$0.32
Jun 14, 2001$29.12$28.50−$0.62
Jun 15, 2001$28.52$28.13−$0.39
Jun 18, 2001$27.55$27.61+$0.06
Jun 19, 2001$27.49$26.68−$0.81
Jun 20, 2001$26.52$26.24−$0.28
Jun 21, 2001$26.85$26.70−$0.15
Jun 22, 2001$27.02$26.86−$0.16
Jun 25, 2001$27.11$27.36+$0.25
Jun 26, 2001$26.97$27.66+$0.69
Jun 27, 2001$25.67$26.25+$0.58
Jun 28, 2001$25.75$25.68−$0.07
Jun 29, 2001$26.37$26.21−$0.16
Jul 2, 2001$26.02$25.73−$0.29
Jul 3, 2001$26.28$25.56−$0.72
Jul 4, 2001—$25.97—
Jul 5, 2001$27.07$25.69−$1.38
Jul 6, 2001$28.10$26.55−$1.55
Jul 9, 2001$27.63$25.59−$2.04
Jul 10, 2001$27.22$24.69−$2.53
Jul 11, 2001$27.07$24.44−$2.63
Jul 12, 2001$26.85$23.62−$3.23
Jul 13, 2001$26.57$24.02−$2.55
Jul 16, 2001$26.02$23.58−$2.44
Jul 17, 2001$25.33$23.90−$1.43
Jul 18, 2001$24.65$23.10−$1.55
Jul 19, 2001$24.65$23.35−$1.30
Jul 20, 2001$25.67$23.43−$2.24
Jul 23, 2001$25.88$24.44−$1.44
Jul 24, 2001$26.18$24.37−$1.81
Jul 25, 2001$26.71$24.90−$1.81
Jul 26, 2001$26.74$24.94−$1.80
Jul 27, 2001$26.98$24.82−$2.16
Jul 30, 2001$26.60$24.46−$2.14
Jul 31, 2001$26.70$24.35−$2.35
Aug 1, 2001$26.83$24.23−$2.60
Aug 2, 2001$27.86$25.49−$2.37
Aug 3, 2001$27.51$25.60−$1.91
Aug 6, 2001$27.70$25.39−$2.31
Aug 7, 2001$28.17$25.94−$2.23
Aug 8, 2001$27.62$25.61−$2.01
Aug 9, 2001$27.72$25.28−$2.44
Aug 10, 2001$28.12$25.78−$2.34
Aug 13, 2001$27.85$25.88−$1.97
Aug 14, 2001$28.10$25.71−$2.39
Aug 15, 2001$27.51$25.61−$1.90
Aug 16, 2001$27.47$25.18−$2.29
Aug 17, 2001$26.65$24.68−$1.97
Aug 20, 2001$27.20$24.35−$2.85
Aug 21, 2001$27.93$25.36−$2.57
Aug 22, 2001$27.17$25.71−$1.46
Aug 23, 2001$25.63$25.66+$0.03
Aug 24, 2001$28.34$26.33−$2.01
Aug 27, 2001$26.69$26.22−$0.47
Aug 28, 2001$27.16$26.46−$0.70
Aug 29, 2001$27.07$26.67−$0.40
Aug 30, 2001$26.65$26.70+$0.05
Aug 31, 2001$26.65$26.80+$0.15
Sep 3, 2001—$26.52—
Sep 4, 2001$26.94$26.27−$0.67
Sep 5, 2001$27.03$26.27−$0.76
Sep 6, 2001$27.54$26.61−$0.93
Sep 7, 2001$27.99$27.54−$0.45
Sep 10, 2001$27.66$27.59−$0.07
Sep 11, 2001$27.65$29.12+$1.47
Sep 12, 2001$27.64$28.24+$0.60
Sep 13, 2001$28.58$28.20−$0.38
Sep 14, 2001$29.59$29.22−$0.37
Sep 17, 2001$28.84$28.32−$0.52
Sep 18, 2001$27.81$27.54−$0.27
Sep 19, 2001$26.73$25.44−$1.29
Sep 20, 2001$26.60$25.57−$1.03
Sep 21, 2001$25.46$25.17−$0.29
Sep 24, 2001$21.46$20.63−$0.83
Sep 25, 2001$21.63$20.13−$1.50
Sep 26, 2001$22.40$20.67−$1.73
Sep 27, 2001$22.80$21.47−$1.33
Sep 28, 2001$23.44$21.87−$1.57
Oct 1, 2001$23.12$21.22−$1.90
Oct 2, 2001$22.70$21.29−$1.41
Oct 3, 2001$22.17$20.63−$1.54
Oct 4, 2001$22.70$20.94−$1.76
Oct 5, 2001$22.32$21.46−$0.86
Oct 8, 2001$22.25$20.91−$1.34
Oct 9, 2001$22.55$20.65−$1.90
Oct 10, 2001$22.51$21.02−$1.49
Oct 11, 2001$23.49$21.38−$2.11
Oct 12, 2001$22.49$20.57−$1.92
Oct 15, 2001$22.37$20.36−$2.01
Oct 16, 2001$22.01$20.47−$1.54
Oct 17, 2001$21.89$19.47−$2.42
Oct 18, 2001$21.33$19.21−$2.12
Oct 19, 2001$21.99$19.91−$2.08
Oct 22, 2001$21.78$20.38−$1.40
Oct 23, 2001$21.28$20.56−$0.72
Oct 24, 2001$22.00$20.37−$1.63
Oct 25, 2001$21.75$20.67−$1.08
Oct 26, 2001$22.07$20.31−$1.76
Oct 29, 2001$22.10$20.55−$1.55
Oct 30, 2001$21.83$20.41−$1.42
Oct 31, 2001$21.20$19.63−$1.57
Nov 1, 2001$20.47$19.39−$1.08
Nov 2, 2001$20.24$18.63−$1.61
Nov 5, 2001$20.00$18.78−$1.22
Nov 6, 2001$19.93$18.64−$1.29
Nov 7, 2001$20.11$18.86−$1.25
Nov 8, 2001$21.21$19.54−$1.67
Nov 9, 2001$22.23$20.72−$1.51
Nov 12, 2001$21.26$19.48−$1.78
Nov 13, 2001$21.56$20.47−$1.09
Nov 14, 2001$19.63$18.78−$0.85
Nov 15, 2001$17.50$16.51−$0.99
Nov 16, 2001$18.09$16.86−$1.23
Nov 19, 2001$17.74$16.55−$1.19
Nov 20, 2001$18.71$18.82+$0.11
Nov 21, 2001$18.38$18.44+$0.06
Nov 22, 2001—$19.65—
Nov 23, 2001—$19.40—
Nov 26, 2001$18.69$18.66−$0.03
Nov 27, 2001$19.57$19.09−$0.48
Nov 28, 2001$19.37$18.81−$0.56
Nov 29, 2001$18.55$18.54−$0.01
Nov 30, 2001$19.46$18.92−$0.54
Dec 3, 2001$20.27$20.00−$0.27
Dec 4, 2001$19.71$19.28−$0.43
Dec 5, 2001$19.62$19.27−$0.35
Dec 6, 2001$18.69$18.57−$0.12
Dec 7, 2001$19.08$17.81−$1.27
Dec 10, 2001$18.32$18.03−$0.29
Dec 11, 2001$18.04$17.61−$0.43
Dec 12, 2001$18.38$18.13−$0.25
Dec 13, 2001$18.20$17.80−$0.40
Dec 14, 2001$19.31$18.54−$0.77
Dec 17, 2001$19.28$18.58−$0.70
Dec 18, 2001$19.38$18.51−$0.87
Dec 19, 2001$19.37$19.03−$0.34
Dec 20, 2001$18.67$18.87+$0.20
Dec 21, 2001$19.30$18.73−$0.57
Dec 24, 2001—$18.65—
Dec 26, 2001$21.32——
Dec 27, 2001$21.07$18.87−$2.20
Dec 28, 2001$20.42$19.77−$0.65
Dec 31, 2001$19.96$19.35−$0.61

“—” means EIA published no price for that benchmark on that date.

Source and methodology

ProviderSeriesUnitsCoverageLatest observation
U.S. Energy Information AdministrationRWTC — WTI spot price FOB$/bblJan 2, 2001 – Dec 31, 2001Dec 31, 2001
U.S. Energy Information AdministrationRBRTE — Brent spot price FOB$/bblJan 2, 2001 – Dec 31, 2001Dec 31, 2001
U.S. Bureau of Labor StatisticsCUUR0000SA0 — CPI-U, all items, NSAindex, 1982–84=100monthly and annual averageSeptember 2026

Inflation adjustment: real = nominal × CPI-U(September 2026) ÷ CPI-U(period). Annual figures use the BLS annual average CPI-U; a year without one uses the mean of the months published so far.

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:2001 daily prices (CSV)