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Oil Prices in June 2006: WTI & Brent Daily Prices and Monthly Average

WTI average
$70.95
EIA monthly average
vs May 2006
+0.2%
$70.84
vs June 2005
+25.9%
$56.35
Brent average
$68.56
avg daily Brent − WTI −$2.40

At $70.95 per barrel, June 2006's WTI average was the highest monthly average in nominal terms since EIA's records began in 1986, up $0.11 (0.2%) from May 2006. The average was 26% above the $56.35 of June 2005.

Daily spot prices, June 2006

Chart data table (22 rows)
Daily spot prices, June 2006 ($/bbl)
PeriodWTIBrent
Jun 30, 2006$73.94$73.20
Jun 29, 2006$73.50$73.02
Jun 28, 2006$72.15$71.76
Jun 27, 2006$72.05$71.26
Jun 26, 2006$71.63$69.85
Jun 23, 2006$70.50$69.91
Jun 22, 2006$70.62$69.60
Jun 21, 2006$70.07$68.17
Jun 20, 2006$69.30$67.57
Jun 19, 2006$69.21$66.40
Jun 16, 2006$69.75$65.01
Jun 15, 2006$69.78$66.04
Jun 14, 2006$69.12$65.52
Jun 13, 2006$68.48$65.67
Jun 12, 2006$70.28$68.62
Jun 9, 2006$71.62$69.13
Jun 8, 2006$70.25$65.76
Jun 7, 2006$70.90$67.17
Jun 6, 2006$72.43$68.25
Jun 5, 2006$72.50$69.13
Jun 2, 2006$72.73$68.42
Jun 1, 2006$70.11$68.77

Prices rose over the month, from $70.11 on Jun 1, 2006 to $73.94 on Jun 30, 2006.

Brent traded below WTI on average this month: $68.56 for the month, $2.40 under WTI across 22 matched dates.

Adjusted with CPI-U, the June 2006 average equals $117.82 in September 2026 dollars.

June 2006 summary

MeasureWTIBrent
Monthly average$70.95$68.56
Change vs May 2006+$0.11−$1.22
Change vs June 2005+$14.60+$14.21
Highest daily price$73.94 Jun 30, 2006$73.20 Jun 30, 2006
Lowest daily price$68.48 Jun 13, 2006$65.01 Jun 16, 2006
Published daily observations2222
Average in September 2026 dollars (CPI-U)$117.82$113.85

Monthly averages are EIA's published figures. Real figures use CPI-U for June 2006.

Source and methodology

ProviderSeriesUnitsCoverageLatest observation
U.S. Energy Information AdministrationRWTC — WTI spot price FOB (daily, monthly)$/bblJun 1, 2006 – Jun 30, 2006Jun 30, 2006
U.S. Energy Information AdministrationRBRTE — Brent spot price FOB (daily, monthly)$/bblJun 1, 2006 – Jun 30, 2006Jun 30, 2006
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:2006 daily prices (CSV)