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Oil Prices in June 2002: WTI & Brent Daily Prices and Monthly Average

WTI average
$25.52
EIA monthly average
vs May 2002
−5.6%
$27.04
vs June 2001
−7.5%
$27.60
Brent average
$24.08
avg daily Brent − WTI −$1.47

WTI averaged $25.52 per barrel in June 2002, down $1.52 (5.6%) from May 2002. A year earlier, in June 2001, it averaged $27.60, so the price was lower by $2.08 (7.5%) year over year.

Daily spot prices, June 2002

Chart data table (20 rows)
Daily spot prices, June 2002 ($/bbl)
PeriodWTIBrent
Jun 28, 2002$26.79$25.33
Jun 27, 2002$26.77$25.39
Jun 26, 2002$26.67$24.75
Jun 25, 2002$26.06$25.32
Jun 24, 2002$26.31$24.99
Jun 21, 2002$25.51$24.14
Jun 20, 2002$25.62$24.42
Jun 19, 2002$25.57$24.85
Jun 18, 2002$25.36$24.64
Jun 17, 2002$25.98$24.69
Jun 14, 2002$25.90$23.97
Jun 13, 2002$25.54$23.72
Jun 12, 2002$24.79$23.09
Jun 11, 2002$24.21$22.37
Jun 10, 2002$24.24$22.83
Jun 7, 2002$24.72$22.99
Jun 6, 2002$24.89$22.79
Jun 5, 2002$25.02$23.19
Jun 4, 2002$25.32—
Jun 3, 2002$25.10—

Prices rose over the month, from $25.10 on Jun 3, 2002 to $26.79 on Jun 28, 2002.

Brent traded below WTI on average this month: $24.08 for the month, $1.47 under WTI across 18 matched dates.

Adjusted with CPI-U, the June 2002 average equals $47.80 in September 2026 dollars.

June 2002 summary

MeasureWTIBrent
Monthly average$25.52$24.08
Change vs May 2002−$1.52−$1.27
Change vs June 2001−$2.08−$3.77
Highest daily price$26.79 Jun 28, 2002$25.39 Jun 27, 2002
Lowest daily price$24.21 Jun 11, 2002$22.37 Jun 11, 2002
Published daily observations2018
Average in September 2026 dollars (CPI-U)$47.80$45.10

Monthly averages are EIA's published figures. Real figures use CPI-U for June 2002.

Source and methodology

ProviderSeriesUnitsCoverageLatest observation
U.S. Energy Information AdministrationRWTC — WTI spot price FOB (daily, monthly)$/bblJun 3, 2002 – Jun 28, 2002Jun 28, 2002
U.S. Energy Information AdministrationRBRTE — Brent spot price FOB (daily, monthly)$/bblJun 5, 2002 – Jun 28, 2002Jun 28, 2002
U.S. Bureau of Labor StatisticsCUUR0000SA0 — CPI-U, all items, NSAindex, 1982–84=100monthlySeptember 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:2002 daily prices (CSV)