Oil Prices in February 2007: WTI & Brent Daily Prices and Monthly Average
WTI averaged $59.28 per barrel in February 2007, up $4.77 (8.8%) from January 2007. A year earlier, in February 2006, it averaged $61.63, so the price was lower by $2.35 (3.8%) year over year.
Daily spot prices, February 2007
Chart data table (19 rows)
| Period | WTI | Brent |
|---|---|---|
| Feb 28, 2007 | $61.78 | $59.39 |
| Feb 27, 2007 | $61.46 | $60.28 |
| Feb 26, 2007 | $61.41 | $60.34 |
| Feb 23, 2007 | $60.28 | $60.38 |
| Feb 22, 2007 | $60.28 | $58.62 |
| Feb 21, 2007 | $59.40 | $57.74 |
| Feb 20, 2007 | $58.32 | $55.91 |
| Feb 16, 2007 | $59.38 | $56.78 |
| Feb 15, 2007 | $57.92 | $54.25 |
| Feb 14, 2007 | $58.00 | $55.05 |
| Feb 13, 2007 | $58.98 | $56.12 |
| Feb 12, 2007 | $57.76 | $55.52 |
| Feb 9, 2007 | $59.86 | $57.21 |
| Feb 8, 2007 | $59.76 | $57.24 |
| Feb 7, 2007 | $57.75 | $58.35 |
| Feb 6, 2007 | $58.91 | $58.04 |
| Feb 5, 2007 | $58.69 | $58.67 |
| Feb 2, 2007 | $59.01 | $56.93 |
| Feb 1, 2007 | $57.35 | $56.74 |
Prices rose over the month, from $57.35 on Feb 1, 2007 to $61.78 on Feb 28, 2007, with gains on 11 of 18 trading days.
Brent traded below WTI on average this month: $57.56 for the month, $1.72 under WTI across 19 matched dates.
It was the second-lowest monthly average of 2007. Adjusted with CPI-U, the February 2007 average equals $98.15 in September 2026 dollars.
February 2007 summary
| Measure | WTI | Brent |
|---|---|---|
| Monthly average | $59.28 | $57.56 |
| Change vs January 2007 | +$4.77 | +$3.88 |
| Change vs February 2006 | −$2.35 | −$2.65 |
| Highest daily price | $61.78 Feb 28, 2007 | $60.38 Feb 23, 2007 |
| Lowest daily price | $57.35 Feb 1, 2007 | $54.25 Feb 15, 2007 |
| Published daily observations | 19 | 19 |
| Average in September 2026 dollars (CPI-U) | $98.15 | $95.30 |
Monthly averages are EIA's published figures. Real figures use CPI-U for February 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 | Feb 1, 2007 – Feb 28, 2007 | Feb 28, 2007 |
| U.S. Energy Information Administration | RBRTE — Brent spot price FOB (daily, monthly) | $/bbl | Feb 1, 2007 – Feb 28, 2007 | Feb 28, 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)