Oil Prices in January 2006: WTI & Brent Daily Prices and Monthly Average
WTI average
$65.49
EIA monthly average
vs December 2005
+10.2%
$59.41
vs January 2005
+39.8%
$46.84
Brent average
$62.99
avg daily Brent − WTI −$2.47
WTI jumped in January 2006: the monthly average rose to $65.49, up $6.08 (10.2%) from December 2005. The average was 40% above the $46.84 of January 2005.
Daily spot prices, January 2006
Chart data table (21 rows)
| Period | WTI | Brent |
|---|---|---|
| Jan 31, 2006 | $67.86 | $63.19 |
| Jan 30, 2006 | $68.36 | $65.14 |
| Jan 27, 2006 | $67.81 | $64.95 |
| Jan 26, 2006 | $65.80 | $62.93 |
| Jan 25, 2006 | $65.60 | $62.61 |
| Jan 24, 2006 | $66.83 | $63.82 |
| Jan 23, 2006 | $68.06 | $64.56 |
| Jan 20, 2006 | $68.16 | $64.92 |
| Jan 19, 2006 | $66.86 | $63.64 |
| Jan 18, 2006 | $65.76 | $63.60 |
| Jan 17, 2006 | $66.36 | $63.22 |
| Jan 16, 2006 | — | $62.34 |
| Jan 13, 2006 | $63.86 | $61.58 |
| Jan 12, 2006 | $63.96 | $62.95 |
| Jan 11, 2006 | $63.91 | $61.54 |
| Jan 10, 2006 | $63.41 | $62.32 |
| Jan 9, 2006 | $63.56 | $62.51 |
| Jan 6, 2006 | $64.21 | $62.43 |
| Jan 5, 2006 | $62.81 | $61.68 |
| Jan 4, 2006 | $63.41 | $61.25 |
| Jan 3, 2006 | $63.11 | $61.51 |
Prices rose over the month, from $63.11 on Jan 3, 2006 to $67.86 on Jan 31, 2006.
Brent traded below WTI on average this month: $62.99 for the month, $2.47 under WTI across 20 matched dates.
Adjusted with CPI-U, the January 2006 average equals $111.28 in September 2026 dollars.
January 2006 summary
| Measure | WTI | Brent |
|---|---|---|
| Monthly average | $65.49 | $62.99 |
| Change vs December 2005 | +$6.08 | +$6.13 |
| Change vs January 2005 | +$18.65 | +$18.48 |
| Highest daily price | $68.36 Jan 30, 2006 | $65.14 Jan 30, 2006 |
| Lowest daily price | $62.81 Jan 5, 2006 | $61.25 Jan 4, 2006 |
| Published daily observations | 20 | 21 |
| Average in September 2026 dollars (CPI-U) | $111.28 | $107.03 |
Monthly averages are EIA's published figures. Real figures use CPI-U for January 2006.
Source and methodology
| Provider | Series | Units | Coverage | Latest observation |
|---|---|---|---|---|
| U.S. Energy Information Administration | RWTC — WTI spot price FOB (daily, monthly) | $/bbl | Jan 3, 2006 – Jan 31, 2006 | Jan 31, 2006 |
| U.S. Energy Information Administration | RBRTE — Brent spot price FOB (daily, monthly) | $/bbl | Jan 3, 2006 – Jan 31, 2006 | Jan 31, 2006 |
| 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:2006 daily prices (CSV)