Oil Prices in October 2006: WTI & Brent Daily Prices and Monthly Average
WTI averaged $58.89 per barrel in October 2006, down $4.91 (7.7%) from September 2006. A year earlier, in October 2005, it averaged $62.26, so the price was lower by $3.37 (5.4%) year over year.
Daily spot prices, October 2006
Chart data table (22 rows)
| Period | WTI | Brent |
|---|---|---|
| Oct 31, 2006 | $58.72 | $56.13 |
| Oct 30, 2006 | $58.41 | $57.08 |
| Oct 27, 2006 | $60.75 | $57.99 |
| Oct 26, 2006 | $60.27 | $58.76 |
| Oct 25, 2006 | $59.09 | $58.79 |
| Oct 24, 2006 | $57.55 | $56.56 |
| Oct 23, 2006 | $56.74 | $56.56 |
| Oct 20, 2006 | $57.35 | $57.94 |
| Oct 19, 2006 | $58.55 | $57.74 |
| Oct 18, 2006 | $57.66 | $58.51 |
| Oct 17, 2006 | $58.91 | $60.13 |
| Oct 16, 2006 | $59.91 | $58.22 |
| Oct 13, 2006 | $58.69 | $58.97 |
| Oct 12, 2006 | $58.23 | $57.87 |
| Oct 11, 2006 | $57.56 | $57.75 |
| Oct 10, 2006 | $58.50 | $57.80 |
| Oct 9, 2006 | $59.93 | $59.25 |
| Oct 6, 2006 | $59.68 | $56.90 |
| Oct 5, 2006 | $60.02 | $57.93 |
| Oct 4, 2006 | $59.53 | $55.82 |
| Oct 3, 2006 | $58.64 | $56.28 |
| Oct 2, 2006 | $60.96 | $58.80 |
The month's range ran from $56.74 on Oct 23, 2006 to $60.96 on Oct 2, 2006; the last price was $58.72 on Oct 31, 2006.
Brent traded below WTI on average this month: $57.81 for the month, $1.09 under WTI across 22 matched dates.
It was the lowest monthly average of 2006. Adjusted with CPI-U, the October 2006 average equals $98.33 in September 2026 dollars.
October 2006 summary
| Measure | WTI | Brent |
|---|---|---|
| Monthly average | $58.89 | $57.81 |
| Change vs September 2006 | −$4.91 | −$4.15 |
| Change vs October 2005 | −$3.37 | −$0.73 |
| Highest daily price | $60.96 Oct 2, 2006 | $60.13 Oct 17, 2006 |
| Lowest daily price | $56.74 Oct 23, 2006 | $55.82 Oct 4, 2006 |
| Published daily observations | 22 | 22 |
| Average in September 2026 dollars (CPI-U) | $98.33 | $96.52 |
Monthly averages are EIA's published figures. Real figures use CPI-U for October 2006.
Source and methodology
| Provider | Series | Units | Coverage | Latest observation |
|---|---|---|---|---|
| U.S. Energy Information Administration | RWTC — WTI spot price FOB (daily, monthly) | $/bbl | Oct 2, 2006 – Oct 31, 2006 | Oct 31, 2006 |
| U.S. Energy Information Administration | RBRTE — Brent spot price FOB (daily, monthly) | $/bbl | Oct 2, 2006 – Oct 31, 2006 | Oct 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)