Oil Prices in September 2007: WTI & Brent Daily Prices and Monthly Average
WTI jumped in September 2007: the monthly average rose to $79.92, up $7.56 (10.4%) from August 2007, the highest monthly average in nominal terms since EIA's records began in 1986. The average was 25% above the $63.80 of September 2006.
Daily spot prices, September 2007
Chart data table (19 rows)
| Period | WTI | Brent |
|---|---|---|
| Sep 28, 2007 | $81.64 | $80.97 |
| Sep 27, 2007 | $82.86 | $78.88 |
| Sep 26, 2007 | $80.31 | $76.21 |
| Sep 25, 2007 | $81.20 | $76.82 |
| Sep 24, 2007 | $82.51 | $77.87 |
| Sep 21, 2007 | $83.38 | $78.91 |
| Sep 20, 2007 | $83.85 | $78.48 |
| Sep 19, 2007 | $81.99 | $78.47 |
| Sep 18, 2007 | $81.51 | $77.00 |
| Sep 17, 2007 | $80.55 | $77.99 |
| Sep 14, 2007 | $79.14 | $78.27 |
| Sep 13, 2007 | $80.05 | $77.84 |
| Sep 12, 2007 | $79.85 | $77.15 |
| Sep 11, 2007 | $78.16 | $76.23 |
| Sep 10, 2007 | $77.53 | $74.97 |
| Sep 7, 2007 | $76.70 | $75.08 |
| Sep 6, 2007 | $76.34 | $76.21 |
| Sep 5, 2007 | $75.74 | $74.72 |
| Sep 4, 2007 | $75.07 | $74.22 |
Prices rose over the month, from $75.07 on Sep 4, 2007 to $81.64 on Sep 28, 2007, with gains on 13 of 19 trading days.
Brent traded below WTI on average this month: $77.17 for the month, $2.74 under WTI across 19 matched dates.
Adjusted with CPI-U, the September 2007 average equals $129.16 in September 2026 dollars.
September 2007 summary
| Measure | WTI | Brent |
|---|---|---|
| Monthly average | $79.92 | $77.17 |
| Change vs August 2007 | +$7.56 | +$6.41 |
| Change vs September 2006 | +$16.12 | +$15.21 |
| Highest daily price | $83.85 Sep 20, 2007 | $80.97 Sep 28, 2007 |
| Lowest daily price | $75.07 Sep 4, 2007 | $74.22 Sep 4, 2007 |
| Published daily observations | 19 | 19 |
| Average in September 2026 dollars (CPI-U) | $129.16 | $124.71 |
Monthly averages are EIA's published figures. Real figures use CPI-U for September 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 | Sep 4, 2007 – Sep 28, 2007 | Sep 28, 2007 |
| U.S. Energy Information Administration | RBRTE — Brent spot price FOB (daily, monthly) | $/bbl | Sep 4, 2007 – Sep 28, 2007 | Sep 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)