Oil Prices in December 2007: WTI & Brent Daily Prices and Monthly Average
WTI averaged $91.69 per barrel in December 2007, down $3.08 (3.2%) from November 2007. The average was 48% above the $61.96 of December 2006.
Daily spot prices, December 2007
Chart data table (20 rows)
| Period | WTI | Brent |
|---|---|---|
| Dec 31, 2007 | $95.95 | $93.68 |
| Dec 28, 2007 | $96.03 | $95.92 |
| Dec 27, 2007 | $96.63 | $95.66 |
| Dec 26, 2007 | $95.89 | — |
| Dec 24, 2007 | $94.00 | $91.59 |
| Dec 21, 2007 | $93.19 | $91.03 |
| Dec 20, 2007 | $90.88 | $91.06 |
| Dec 19, 2007 | $91.11 | $90.98 |
| Dec 18, 2007 | $89.93 | $90.71 |
| Dec 17, 2007 | $90.69 | $90.32 |
| Dec 14, 2007 | $91.31 | $91.86 |
| Dec 13, 2007 | $92.35 | $92.57 |
| Dec 12, 2007 | $94.41 | $91.69 |
| Dec 11, 2007 | $90.12 | $87.77 |
| Dec 10, 2007 | $87.72 | $87.33 |
| Dec 7, 2007 | $88.23 | $88.46 |
| Dec 6, 2007 | $90.25 | $88.46 |
| Dec 5, 2007 | $87.45 | $90.70 |
| Dec 4, 2007 | $88.31 | $89.97 |
| Dec 3, 2007 | $89.29 | $87.85 |
Prices rose over the month, from $89.29 on Dec 3, 2007 to $95.95 on Dec 31, 2007. The largest one-day move was +$4.29 on Dec 12, 2007 (+4.8%).
Brent averaged $90.93, within a dollar of WTI on average across the 19 dates when both were published.
It was the second-highest monthly average of 2007. Adjusted with CPI-U, the December 2007 average equals $147.09 in September 2026 dollars.
December 2007 summary
| Measure | WTI | Brent |
|---|---|---|
| Monthly average | $91.69 | $90.93 |
| Change vs November 2007 | −$3.08 | −$1.48 |
| Change vs December 2006 | +$29.73 | +$28.46 |
| Highest daily price | $96.63 Dec 27, 2007 | $95.92 Dec 28, 2007 |
| Lowest daily price | $87.45 Dec 5, 2007 | $87.33 Dec 10, 2007 |
| Published daily observations | 20 | 19 |
| Average in September 2026 dollars (CPI-U) | $147.09 | $145.87 |
Monthly averages are EIA's published figures. Real figures use CPI-U for December 2007.
Part of the price episode: 2008 spike and crash
Source and methodology
| Provider | Series | Units | Coverage | Latest observation |
|---|---|---|---|---|
| U.S. Energy Information Administration | RWTC — WTI spot price FOB (daily, monthly) | $/bbl | Dec 3, 2007 – Dec 31, 2007 | Dec 31, 2007 |
| U.S. Energy Information Administration | RBRTE — Brent spot price FOB (daily, monthly) | $/bbl | Dec 3, 2007 – Dec 31, 2007 | Dec 31, 2007 |
| 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:2007 daily prices (CSV)