Oil Prices in March 2006: WTI & Brent Daily Prices and Monthly Average
WTI average
$62.69
EIA monthly average
vs February 2006
+1.7%
$61.63
vs March 2005
+15.7%
$54.19
Brent average
$62.06
avg daily Brent − WTI −$0.62
WTI averaged $62.69 per barrel in March 2006, up $1.06 (1.7%) from February 2006. A year earlier, in March 2005, it averaged $54.19, so the price was higher by $8.50 (15.7%) year over year.
Daily spot prices, March 2006
Chart data table (23 rows)
| Period | WTI | Brent |
|---|---|---|
| Mar 31, 2006 | $66.25 | $66.06 |
| Mar 30, 2006 | $66.70 | $65.95 |
| Mar 29, 2006 | $66.00 | $64.88 |
| Mar 28, 2006 | $65.65 | $64.31 |
| Mar 27, 2006 | $63.75 | $62.59 |
| Mar 24, 2006 | $63.90 | $62.78 |
| Mar 23, 2006 | $62.13 | $61.76 |
| Mar 22, 2006 | $60.03 | $61.23 |
| Mar 21, 2006 | $60.41 | $59.96 |
| Mar 20, 2006 | $60.31 | $62.30 |
| Mar 17, 2006 | $62.81 | $63.54 |
| Mar 16, 2006 | $63.46 | $62.07 |
| Mar 15, 2006 | $62.11 | $63.12 |
| Mar 14, 2006 | $63.01 | $62.39 |
| Mar 13, 2006 | $61.81 | $60.99 |
| Mar 10, 2006 | $59.91 | $59.04 |
| Mar 9, 2006 | $60.51 | $58.82 |
| Mar 8, 2006 | $60.06 | $58.42 |
| Mar 7, 2006 | $61.51 | $59.79 |
| Mar 6, 2006 | $62.46 | $61.41 |
| Mar 3, 2006 | $63.61 | $62.69 |
| Mar 2, 2006 | $63.36 | $62.27 |
| Mar 1, 2006 | $62.01 | $61.12 |
Prices rose over the month, from $62.01 on Mar 1, 2006 to $66.25 on Mar 31, 2006.
Brent averaged $62.06, within a dollar of WTI on average across the 23 dates when both were published.
Adjusted with CPI-U, the March 2006 average equals $105.72 in September 2026 dollars.
March 2006 summary
| Measure | WTI | Brent |
|---|---|---|
| Monthly average | $62.69 | $62.06 |
| Change vs February 2006 | +$1.06 | +$1.85 |
| Change vs March 2005 | +$8.50 | +$8.96 |
| Highest daily price | $66.70 Mar 30, 2006 | $66.06 Mar 31, 2006 |
| Lowest daily price | $59.91 Mar 10, 2006 | $58.42 Mar 8, 2006 |
| Published daily observations | 23 | 23 |
| Average in September 2026 dollars (CPI-U) | $105.72 | $104.66 |
Monthly averages are EIA's published figures. Real figures use CPI-U for March 2006.
Source and methodology
| Provider | Series | Units | Coverage | Latest observation |
|---|---|---|---|---|
| U.S. Energy Information Administration | RWTC — WTI spot price FOB (daily, monthly) | $/bbl | Mar 1, 2006 – Mar 31, 2006 | Mar 31, 2006 |
| U.S. Energy Information Administration | RBRTE — Brent spot price FOB (daily, monthly) | $/bbl | Mar 1, 2006 – Mar 31, 2006 | Mar 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)