Skip to content
US Oil Gauge
Menu

Oil Prices in June 2007: WTI & Brent Daily Prices and Monthly Average

WTI average
$67.49
EIA monthly average
vs May 2007
+6.4%
$63.46
vs June 2006
−4.9%
$70.95
Brent average
$71.05
avg daily Brent − WTI +$3.56

WTI averaged $67.49 per barrel in June 2007, up $4.03 (6.4%) from May 2007. A year earlier, in June 2006, it averaged $70.95, so the price was lower by $3.46 (4.9%) year over year.

Daily spot prices, June 2007

Chart data table (21 rows)
Daily spot prices, June 2007 ($/bbl)
PeriodWTIBrent
Jun 29, 2007$70.47$72.22
Jun 28, 2007$69.61$71.96
Jun 27, 2007$68.98$71.84
Jun 26, 2007$67.78$71.41
Jun 25, 2007$68.83$71.36
Jun 22, 2007$68.85$72.04
Jun 21, 2007$68.35$71.81
Jun 20, 2007$68.50$70.55
Jun 19, 2007$69.15$72.17
Jun 18, 2007$69.06$72.33
Jun 15, 2007$68.04$71.63
Jun 14, 2007$67.62$71.18
Jun 13, 2007$66.17$69.24
Jun 12, 2007$65.36$68.56
Jun 11, 2007$65.93$68.85
Jun 8, 2007$64.78$70.04
Jun 7, 2007$66.93$72.36
Jun 6, 2007$65.97$71.50
Jun 5, 2007$65.63$71.36
Jun 4, 2007$66.17$70.90
Jun 1, 2007$65.09$68.65

Prices rose over the month, from $65.09 on Jun 1, 2007 to $70.47 on Jun 29, 2007, with gains on 14 of 21 trading days.

Brent averaged $71.05; its premium over WTI on matched dates averaged $3.56, with the daily Brent − WTI difference ranging from +$1.75 to +$5.73.

Adjusted with CPI-U, the June 2007 average equals $109.14 in September 2026 dollars.

June 2007 summary

MeasureWTIBrent
Monthly average$67.49$71.05
Change vs May 2007+$4.03+$3.84
Change vs June 2006−$3.46+$2.49
Highest daily price$70.47 Jun 29, 2007$72.36 Jun 7, 2007
Lowest daily price$64.78 Jun 8, 2007$68.56 Jun 12, 2007
Published daily observations2121
Average in September 2026 dollars (CPI-U)$109.14$114.90

Monthly averages are EIA's published figures. Real figures use CPI-U for June 2007.

Part of the price episode: 2008 spike and crash

Source and methodology

ProviderSeriesUnitsCoverageLatest observation
U.S. Energy Information AdministrationRWTC — WTI spot price FOB (daily, monthly)$/bblJun 1, 2007 – Jun 29, 2007Jun 29, 2007
U.S. Energy Information AdministrationRBRTE — Brent spot price FOB (daily, monthly)$/bblJun 1, 2007 – Jun 29, 2007Jun 29, 2007
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:2007 daily prices (CSV)