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Oil Prices in February 2005: WTI & Brent Daily Prices and Monthly Average

WTI average
$48.15
EIA monthly average
vs January 2005
+2.8%
$46.84
vs February 2004
+38.8%
$34.69
Brent average
$45.48
avg daily Brent − WTI −$2.71

WTI averaged $48.15 per barrel in February 2005, up $1.31 (2.8%) from January 2005. The average was 39% above the $34.69 of February 2004.

Daily spot prices, February 2005

Chart data table (20 rows)
Daily spot prices, February 2005 ($/bbl)
PeriodWTIBrent
Feb 28, 2005$51.75$50.13
Feb 25, 2005$52.20$50.05
Feb 24, 2005$52.05$49.24
Feb 23, 2005$51.73$48.16
Feb 22, 2005$51.00$47.60
Feb 21, 2005—$46.09
Feb 18, 2005$48.45$45.86
Feb 17, 2005$47.50$45.42
Feb 16, 2005$48.35$45.42
Feb 15, 2005$47.30$44.91
Feb 14, 2005$47.50$44.51
Feb 11, 2005$47.15$44.41
Feb 10, 2005$47.05$44.04
Feb 9, 2005$45.45$42.49
Feb 8, 2005$45.40$42.79
Feb 7, 2005$45.35$42.70
Feb 4, 2005$46.45$43.26
Feb 3, 2005$46.40$43.13
Feb 2, 2005$46.65$44.17
Feb 1, 2005$47.10$45.12

Prices rose over the month, from $47.10 on Feb 1, 2005 to $51.75 on Feb 28, 2005, with gains on 12 of 19 trading days. The largest one-day move was +$2.55 on Feb 22, 2005 (+5.3%).

Brent traded below WTI on average this month: $45.48 for the month, $2.71 under WTI across 19 matched dates.

It was the second-lowest monthly average of 2005. Adjusted with CPI-U, the February 2005 average equals $84.59 in September 2026 dollars.

February 2005 summary

MeasureWTIBrent
Monthly average$48.15$45.48
Change vs January 2005+$1.31+$0.97
Change vs February 2004+$13.46+$14.62
Highest daily price$52.20 Feb 25, 2005$50.13 Feb 28, 2005
Lowest daily price$45.35 Feb 7, 2005$42.49 Feb 9, 2005
Published daily observations1920
Average in September 2026 dollars (CPI-U)$84.59$79.90

Monthly averages are EIA's published figures. Real figures use CPI-U for February 2005.

Source and methodology

ProviderSeriesUnitsCoverageLatest observation
U.S. Energy Information AdministrationRWTC — WTI spot price FOB (daily, monthly)$/bblFeb 1, 2005 – Feb 28, 2005Feb 28, 2005
U.S. Energy Information AdministrationRBRTE — Brent spot price FOB (daily, monthly)$/bblFeb 1, 2005 – Feb 28, 2005Feb 28, 2005
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:2005 daily prices (CSV)