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

WTI average
$56.35
EIA monthly average
vs May 2005
+13.1%
$49.83
vs June 2004
+48.2%
$38.03
Brent average
$54.35
avg daily Brent − WTI −$2.00

WTI jumped in June 2005: the monthly average rose to $56.35, up $6.52 (13.1%) from May 2005, the highest monthly average in nominal terms since EIA's records began in 1986. The average was 48% above the $38.03 of June 2004.

Daily spot prices, June 2005

Chart data table (22 rows)
Daily spot prices, June 2005 ($/bbl)
PeriodWTIBrent
Jun 30, 2005$56.63$55.36
Jun 29, 2005$57.23$55.42
Jun 28, 2005$58.32$57.75
Jun 27, 2005$59.78$58.50
Jun 24, 2005$59.63$57.21
Jun 23, 2005$59.23$57.03
Jun 22, 2005$58.27$56.06
Jun 21, 2005$58.90$57.36
Jun 20, 2005$59.19$57.10
Jun 17, 2005$58.40$56.92
Jun 16, 2005$56.48$54.30
Jun 15, 2005$55.53$54.12
Jun 14, 2005$55.03$53.52
Jun 13, 2005$55.47$52.00
Jun 10, 2005$53.55$51.98
Jun 9, 2005$54.36$51.36
Jun 8, 2005$52.51$51.92
Jun 7, 2005$53.84$51.62
Jun 6, 2005$54.46$52.61
Jun 3, 2005$55.08$51.90
Jun 2, 2005$53.46$51.30
Jun 1, 2005$54.40$50.46

Prices dipped to $52.51 on Jun 8, 2005, then climbed to $59.78 on Jun 27, 2005 and ended at $56.63. The largest one-day move was +$2.32 on Jun 1, 2005 (+4.5%).

Brent traded below WTI on average this month: $54.35 for the month, $2.00 under WTI across 22 matched dates.

Adjusted with CPI-U, the June 2005 average equals $97.62 in September 2026 dollars.

June 2005 summary

MeasureWTIBrent
Monthly average$56.35$54.35
Change vs May 2005+$6.52+$5.70
Change vs June 2004+$18.32+$19.17
Highest daily price$59.78 Jun 27, 2005$58.50 Jun 27, 2005
Lowest daily price$52.51 Jun 8, 2005$50.46 Jun 1, 2005
Published daily observations2222
Average in September 2026 dollars (CPI-U)$97.62$94.15

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

Source and methodology

ProviderSeriesUnitsCoverageLatest observation
U.S. Energy Information AdministrationRWTC — WTI spot price FOB (daily, monthly)$/bblJun 1, 2005 – Jun 30, 2005Jun 30, 2005
U.S. Energy Information AdministrationRBRTE — Brent spot price FOB (daily, monthly)$/bblJun 1, 2005 – Jun 30, 2005Jun 30, 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)