Oil Prices in March 2009: WTI & Brent Daily Prices and Monthly Average
WTI jumped in March 2009: the monthly average rose to $47.94, up $8.85 (22.6%) from February 2009. The average was 55% below the $105.45 of March 2008.
Daily spot prices, March 2009
Chart data table (22 rows)
| Period | WTI | Brent |
|---|---|---|
| Mar 31, 2009 | $49.64 | $46.13 |
| Mar 30, 2009 | $48.49 | $49.05 |
| Mar 27, 2009 | $52.41 | $50.81 |
| Mar 26, 2009 | $53.87 | $51.89 |
| Mar 25, 2009 | $52.24 | $51.46 |
| Mar 24, 2009 | $53.36 | $51.32 |
| Mar 23, 2009 | $53.05 | $51.84 |
| Mar 20, 2009 | $51.55 | $49.27 |
| Mar 19, 2009 | $51.46 | $48.03 |
| Mar 18, 2009 | $48.12 | $45.22 |
| Mar 17, 2009 | $48.97 | $45.53 |
| Mar 16, 2009 | $47.33 | $44.12 |
| Mar 13, 2009 | $46.22 | $44.97 |
| Mar 12, 2009 | $46.91 | $42.19 |
| Mar 11, 2009 | $42.46 | $43.20 |
| Mar 10, 2009 | $45.68 | $44.99 |
| Mar 9, 2009 | $47.01 | $44.55 |
| Mar 6, 2009 | $45.43 | $43.48 |
| Mar 5, 2009 | $43.54 | $44.45 |
| Mar 4, 2009 | $45.28 | $46.07 |
| Mar 3, 2009 | $41.57 | $42.72 |
| Mar 2, 2009 | $40.07 | $42.60 |
Prices rose over the month, from $40.07 on Mar 2, 2009 to $49.64 on Mar 31, 2009. The largest one-day move was +$4.45 on Mar 12, 2009 (+10.5%).
Brent traded below WTI on average this month: $46.54 for the month, $1.40 under WTI across 22 matched dates.
Adjusted with CPI-U, the March 2009 average equals $75.94 in September 2026 dollars.
March 2009 summary
| Measure | WTI | Brent |
|---|---|---|
| Monthly average | $47.94 | $46.54 |
| Change vs February 2009 | +$8.85 | +$3.22 |
| Change vs March 2008 | −$57.51 | −$57.10 |
| Highest daily price | $53.87 Mar 26, 2009 | $51.89 Mar 26, 2009 |
| Lowest daily price | $40.07 Mar 2, 2009 | $42.19 Mar 12, 2009 |
| Published daily observations | 22 | 22 |
| Average in September 2026 dollars (CPI-U) | $75.94 | $73.72 |
Monthly averages are EIA's published figures. Real figures use CPI-U for March 2009.
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 | Mar 2, 2009 – Mar 31, 2009 | Mar 31, 2009 |
| U.S. Energy Information Administration | RBRTE — Brent spot price FOB (daily, monthly) | $/bbl | Mar 2, 2009 – Mar 31, 2009 | Mar 31, 2009 |
| 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:2009 daily prices (CSV)