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Oil Prices in February 2009: WTI & Brent Daily Prices and Monthly Average

WTI average
$39.09
EIA monthly average
vs January 2009
−6.3%
$41.71
vs February 2008
−59.0%
$95.39
Brent average
$43.32
avg daily Brent − WTI +$4.24

At $39.09 per barrel, February 2009's WTI average was the lowest monthly average in nominal terms since June 2004, down $2.62 (6.3%) from January 2009. The average was 59% below the $95.39 of February 2008.

Daily spot prices, February 2009

Chart data table (19 rows)
Daily spot prices, February 2009 ($/bbl)
PeriodWTIBrent
Feb 27, 2009$44.15$44.41
Feb 26, 2009$43.18$45.15
Feb 25, 2009$41.64$42.37
Feb 24, 2009$38.86$40.18
Feb 23, 2009$37.66$41.27
Feb 20, 2009$39.35$42.19
Feb 19, 2009$39.60$42.36
Feb 18, 2009$34.67$39.41
Feb 17, 2009$34.96$39.69
Feb 13, 2009$37.63$43.36
Feb 12, 2009$34.03$47.23
Feb 11, 2009$35.93$44.24
Feb 10, 2009$37.54$45.88
Feb 9, 2009$39.58$47.23
Feb 6, 2009$40.24$44.49
Feb 5, 2009$41.15$43.92
Feb 4, 2009$40.27$43.68
Feb 3, 2009$40.87$43.15
Feb 2, 2009$41.35$42.96

Prices rose over the month, from $41.35 on Feb 2, 2009 to $44.15 on Feb 27, 2009. The largest one-day move was +$4.93 on Feb 19, 2009 (+14.2%).

Brent averaged $43.32; its premium over WTI on matched dates averaged $4.24, with the daily Brent − WTI difference ranging from +$0.26 to +$13.20.

It was the lowest monthly average of 2009. Adjusted with CPI-U, the February 2009 average equals $62.07 in September 2026 dollars.

February 2009 summary

MeasureWTIBrent
Monthly average$39.09$43.32
Change vs January 2009−$2.62−$0.12
Change vs February 2008−$56.30−$51.67
Highest daily price$44.15 Feb 27, 2009$47.23 Feb 9, 2009
Lowest daily price$34.03 Feb 12, 2009$39.41 Feb 18, 2009
Published daily observations1919
Average in September 2026 dollars (CPI-U)$62.07$68.79

Monthly averages are EIA's published figures. Real figures use CPI-U for February 2009.

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)$/bblFeb 2, 2009 – Feb 27, 2009Feb 27, 2009
U.S. Energy Information AdministrationRBRTE — Brent spot price FOB (daily, monthly)$/bblFeb 2, 2009 – Feb 27, 2009Feb 27, 2009
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:2009 daily prices (CSV)