Oil Prices in November 2001: WTI & Brent Daily Prices and Monthly Average
WTI dropped in November 2001: the monthly average fell to $19.64, down $2.53 (11.4%) from October 2001, the lowest monthly average in nominal terms since June 1999. The average was 43% below the $34.42 of November 2000.
Daily spot prices, November 2001
Chart data table (22 rows)
| Period | WTI | Brent |
|---|---|---|
| Nov 30, 2001 | $19.46 | $18.92 |
| Nov 29, 2001 | $18.55 | $18.54 |
| Nov 28, 2001 | $19.37 | $18.81 |
| Nov 27, 2001 | $19.57 | $19.09 |
| Nov 26, 2001 | $18.69 | $18.66 |
| Nov 23, 2001 | — | $19.40 |
| Nov 22, 2001 | — | $19.65 |
| Nov 21, 2001 | $18.38 | $18.44 |
| Nov 20, 2001 | $18.71 | $18.82 |
| Nov 19, 2001 | $17.74 | $16.55 |
| Nov 16, 2001 | $18.09 | $16.86 |
| Nov 15, 2001 | $17.50 | $16.51 |
| Nov 14, 2001 | $19.63 | $18.78 |
| Nov 13, 2001 | $21.56 | $20.47 |
| Nov 12, 2001 | $21.26 | $19.48 |
| Nov 9, 2001 | $22.23 | $20.72 |
| Nov 8, 2001 | $21.21 | $19.54 |
| Nov 7, 2001 | $20.11 | $18.86 |
| Nov 6, 2001 | $19.93 | $18.64 |
| Nov 5, 2001 | $20.00 | $18.78 |
| Nov 2, 2001 | $20.24 | $18.63 |
| Nov 1, 2001 | $20.47 | $19.39 |
Prices peaked at $22.23 on Nov 9, 2001, then fell to $17.50 on Nov 15, 2001 and ended at $19.46. The largest one-day move was −$2.13 on Nov 15, 2001 (−10.9%).
Brent averaged $18.80, within a dollar of WTI on average across the 20 dates when both were published.
It was the second-lowest monthly average of 2001. Adjusted with CPI-U, the November 2001 average equals $37.30 in September 2026 dollars.
November 2001 summary
| Measure | WTI | Brent |
|---|---|---|
| Monthly average | $19.64 | $18.80 |
| Change vs October 2001 | −$2.53 | −$1.74 |
| Change vs November 2000 | −$14.78 | −$13.75 |
| Highest daily price | $22.23 Nov 9, 2001 | $20.72 Nov 9, 2001 |
| Lowest daily price | $17.50 Nov 15, 2001 | $16.51 Nov 15, 2001 |
| Published daily observations | 20 | 22 |
| Average in September 2026 dollars (CPI-U) | $37.30 | $35.71 |
Monthly averages are EIA's published figures. Real figures use CPI-U for November 2001.
Source and methodology
| Provider | Series | Units | Coverage | Latest observation |
|---|---|---|---|---|
| U.S. Energy Information Administration | RWTC — WTI spot price FOB (daily, monthly) | $/bbl | Nov 1, 2001 – Nov 30, 2001 | Nov 30, 2001 |
| U.S. Energy Information Administration | RBRTE — Brent spot price FOB (daily, monthly) | $/bbl | Nov 1, 2001 – Nov 30, 2001 | Nov 30, 2001 |
| 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:2001 daily prices (CSV)