Oil Prices in 2011: WTI & Brent History and Monthly Averages
WTI average
$94.88
EIA annual average
WTI vs prior year
+19.4%
2010: $79.48
Brent average
$111.26
EIA annual average
Brent vs prior year
+39.8%
2010: $79.61
WTI averaged $94.88 per barrel in 2011, up $15.40 (19.4%) from 2010; that was the highest annual average since 2008.
Monthly average prices in 2011
| Month | WTI avg | WTI high | WTI low | Brent avg | Brent − WTI (matched dates) | WTI (September 2026 $) | Brent (September 2026 $) |
|---|---|---|---|---|---|---|---|
| January | $89.17 | $91.85 | $84.45 | $96.52 | +$7.35 | $136.43 | $147.68 |
| February | $88.58 | $97.10 | $83.13 | $103.72 | +$15.14 | $134.86 | $157.91 |
| March | $102.86 | $106.19 | $97.23 | $114.64 | +$11.79 | $155.09 | $172.85 |
| April | $109.53 | $113.39 | $105.75 | $123.26 | +$14.06 | $164.09 | $184.66 |
| May | $100.90 | $113.03 | $96.40 | $114.99 | +$14.09 | $150.45 | $171.46 |
| June | $96.26 | $101.95 | $90.65 | $113.83 | +$17.57 | $143.69 | $169.92 |
| July | $97.30 | $99.61 | $94.81 | $116.97 | +$19.67 | $145.11 | $174.45 |
| August | $86.33 | $94.98 | $79.32 | $110.22 | +$23.93 | $128.40 | $163.93 |
| September | $85.52 | $90.21 | $78.93 | $112.83 | +$27.32 | $127.00 | $167.56 |
| October | $86.32 | $93.96 | $75.40 | $109.55 | +$23.23 | $128.45 | $163.02 |
| November | $97.16 | $102.59 | $92.19 | $110.77 | +$13.61 | $144.71 | $164.98 |
| December | $98.56 | $101.29 | $93.55 | $107.87 | +$9.44 | $147.16 | $161.06 |
Monthly averages are EIA's published figures. Brent − WTI is the average over dates with both prices published, so it can differ from the difference between the two monthly averages. Inflation-adjusted columns use CPI-U for each month, expressed in September 2026 dollars; “—” means CPI-U for that month is not available.
The steepest fall within the year ran from $113.39 on Apr 29, 2011 to $75.40 on Oct 4, 2011, a 34% drop. From $83.13 on Feb 15, 2011, WTI climbed to $113.39 by Apr 29, 2011, a 36% gain. WTI was at or above $100 on 63 days of 252 published observations. The price moved by 5% or more in a single day 10 times.
Brent carried a wide premium over WTI in 2011, averaging $16.52 more on 248 matched dates, with the widest daily gap $29.59 on Sep 23, 2011. Brent averaged $111.26, up $31.65 (39.8%) from 2010.
Monthly averages peaked early, at $109.53 in April, and bottomed at $85.52 in September. In September 2026 dollars (CPI-U), the 2011 average is $142.12, higher than 2025's real average by $73.69 (107.7%). The 2010s as a whole averaged $72.42, so 2011 ran above its decade. Of 40 complete years with an EIA annual average, 2011 ranks 4th highest.
2011 summary statistics
| Measure | WTI | Brent | Brent − WTI |
|---|---|---|---|
| Average | $94.88 | $111.26 | +$16.52 |
| Change vs 2010 average | +$15.40 | +$31.65 | +$16.39 |
| Highest daily price | $113.39 Apr 29, 2011 | $126.64 May 2, 2011 | — |
| Lowest daily price | $75.40 Oct 4, 2011 | $93.52 Jan 4, 2011 | — |
| Highest daily spread | — | — | +$29.59 Sep 23, 2011 |
| Lowest daily spread | — | — | +$4.13 Jan 4, 2011 |
| First observation | $91.59 Jan 3, 2011 | $95.82 Jan 3, 2011 | — |
| Last observation | $98.83 Dec 30, 2011 | $108.09 Dec 30, 2011 | — |
| Published daily observations | 252 | 248 | 248 matched |
| Average in September 2026 dollars | $142.12 | $166.66 | — |
Daily spot prices in 2011
Show all 252 dates (Jan 3, 2011 – Dec 30, 2011)
| Date | WTI | Brent | Brent − WTI |
|---|---|---|---|
| Jan 3, 2011 | $91.59 | $95.82 | +$4.23 |
| Jan 4, 2011 | $89.39 | $93.52 | +$4.13 |
| Jan 5, 2011 | $90.30 | $95.07 | +$4.77 |
| Jan 6, 2011 | $88.37 | $94.95 | +$6.58 |
| Jan 7, 2011 | $88.07 | $94.25 | +$6.18 |
| Jan 10, 2011 | $89.24 | $95.05 | +$5.81 |
| Jan 11, 2011 | $91.11 | $96.80 | +$5.69 |
| Jan 12, 2011 | $91.85 | $97.86 | +$6.01 |
| Jan 13, 2011 | $91.39 | $97.86 | +$6.47 |
| Jan 14, 2011 | $91.53 | $97.86 | +$6.33 |
| Jan 18, 2011 | $91.38 | $97.83 | +$6.45 |
| Jan 19, 2011 | $90.85 | $98.42 | +$7.57 |
| Jan 20, 2011 | $88.56 | $96.27 | +$7.71 |
| Jan 21, 2011 | $88.22 | $96.84 | +$8.62 |
| Jan 24, 2011 | $86.74 | $96.76 | +$10.02 |
| Jan 25, 2011 | $85.08 | $96.76 | +$11.68 |
| Jan 26, 2011 | $86.15 | $96.04 | +$9.89 |
| Jan 27, 2011 | $84.45 | $96.48 | +$12.03 |
| Jan 28, 2011 | $88.15 | $97.06 | +$8.91 |
| Jan 31, 2011 | $90.99 | $98.97 | +$7.98 |
| Feb 1, 2011 | $89.54 | $100.40 | +$10.86 |
| Feb 2, 2011 | $89.78 | $101.30 | +$11.52 |
| Feb 3, 2011 | $89.42 | $101.69 | +$12.27 |
| Feb 4, 2011 | $87.87 | $99.43 | +$11.56 |
| Feb 7, 2011 | $86.30 | $99.44 | +$13.14 |
| Feb 8, 2011 | $85.85 | $99.25 | +$13.40 |
| Feb 9, 2011 | $85.59 | $100.16 | +$14.57 |
| Feb 10, 2011 | $85.44 | $100.74 | +$15.30 |
| Feb 11, 2011 | $84.39 | $99.93 | +$15.54 |
| Feb 14, 2011 | $83.66 | $103.12 | +$19.46 |
| Feb 15, 2011 | $83.13 | $102.48 | +$19.35 |
| Feb 16, 2011 | $83.80 | $102.78 | +$18.98 |
| Feb 17, 2011 | $85.05 | $103.45 | +$18.40 |
| Feb 18, 2011 | $85.03 | $102.20 | +$17.17 |
| Feb 22, 2011 | $92.65 | $106.82 | +$14.17 |
| Feb 23, 2011 | $96.04 | $109.77 | +$13.73 |
| Feb 24, 2011 | $95.83 | $113.91 | +$18.08 |
| Feb 25, 2011 | $96.52 | $111.47 | +$14.95 |
| Feb 28, 2011 | $97.10 | $112.27 | +$15.17 |
| Mar 1, 2011 | $99.63 | $113.34 | +$13.71 |
| Mar 2, 2011 | $102.27 | $116.89 | +$14.62 |
| Mar 3, 2011 | $101.92 | $114.42 | +$12.50 |
| Mar 4, 2011 | $104.34 | $115.71 | +$11.37 |
| Mar 7, 2011 | $105.37 | $116.58 | +$11.21 |
| Mar 8, 2011 | $105.06 | $112.32 | +$7.26 |
| Mar 9, 2011 | $104.39 | $115.19 | +$10.80 |
| Mar 10, 2011 | $102.73 | $114.07 | +$11.34 |
| Mar 11, 2011 | $101.14 | $114.07 | +$12.93 |
| Mar 14, 2011 | $101.20 | $112.95 | +$11.75 |
| Mar 15, 2011 | $97.23 | $111.11 | +$13.88 |
| Mar 16, 2011 | $97.99 | $110.96 | +$12.97 |
| Mar 17, 2011 | $101.47 | $114.18 | +$12.71 |
| Mar 18, 2011 | $101.06 | $114.13 | +$13.07 |
| Mar 21, 2011 | $102.36 | $114.92 | +$12.56 |
| Mar 22, 2011 | $104.53 | $115.63 | +$11.10 |
| Mar 23, 2011 | $105.21 | $115.65 | +$10.44 |
| Mar 24, 2011 | $105.04 | $115.41 | +$10.37 |
| Mar 25, 2011 | $104.89 | $115.45 | +$10.56 |
| Mar 28, 2011 | $103.54 | $115.95 | +$12.41 |
| Mar 29, 2011 | $104.34 | $115.58 | +$11.24 |
| Mar 30, 2011 | $103.80 | $115.35 | +$11.55 |
| Mar 31, 2011 | $106.19 | $116.94 | +$10.75 |
| Apr 1, 2011 | $107.55 | $118.63 | +$11.08 |
| Apr 4, 2011 | $108.14 | $120.07 | +$11.93 |
| Apr 5, 2011 | $107.82 | $122.87 | +$15.05 |
| Apr 6, 2011 | $108.38 | $123.01 | +$14.63 |
| Apr 7, 2011 | $109.82 | $122.90 | +$13.08 |
| Apr 8, 2011 | $112.27 | $126.30 | +$14.03 |
| Apr 11, 2011 | $109.50 | $126.46 | +$16.96 |
| Apr 12, 2011 | $105.75 | $121.33 | +$15.58 |
| Apr 13, 2011 | $106.60 | $122.70 | +$16.10 |
| Apr 14, 2011 | $107.73 | $122.74 | +$15.01 |
| Apr 15, 2011 | $109.17 | $124.63 | +$15.46 |
| Apr 18, 2011 | $106.70 | $121.69 | +$14.99 |
| Apr 19, 2011 | $107.18 | $121.35 | +$14.17 |
| Apr 20, 2011 | $110.84 | $124.26 | +$13.42 |
| Apr 21, 2011 | $111.72 | $123.64 | +$11.92 |
| Apr 25, 2011 | $111.68 | — | — |
| Apr 26, 2011 | $111.72 | $124.55 | +$12.83 |
| Apr 27, 2011 | $112.31 | $124.94 | +$12.63 |
| Apr 28, 2011 | $112.38 | $126.59 | +$14.21 |
| Apr 29, 2011 | $113.39 | — | — |
| May 2, 2011 | $113.03 | $126.64 | +$13.61 |
| May 3, 2011 | $110.60 | $124.01 | +$13.41 |
| May 4, 2011 | $108.79 | $121.55 | +$12.76 |
| May 5, 2011 | $99.89 | $111.93 | +$12.04 |
| May 6, 2011 | $96.87 | $113.69 | +$16.82 |
| May 9, 2011 | $100.32 | $113.21 | +$12.89 |
| May 10, 2011 | $103.39 | $117.82 | +$14.43 |
| May 11, 2011 | $97.88 | $115.66 | +$17.78 |
| May 12, 2011 | $98.53 | $112.87 | +$14.34 |
| May 13, 2011 | $99.21 | $113.08 | +$13.87 |
| May 16, 2011 | $96.91 | $113.72 | +$16.81 |
| May 17, 2011 | $96.40 | $109.39 | +$12.99 |
| May 18, 2011 | $99.52 | $112.54 | +$13.02 |
| May 19, 2011 | $97.99 | $113.20 | +$15.21 |
| May 20, 2011 | $99.15 | $111.25 | +$12.10 |
| May 23, 2011 | $97.06 | $110.13 | +$13.07 |
| May 24, 2011 | $99.13 | $112.52 | +$13.39 |
| May 25, 2011 | $100.78 | $114.47 | +$13.69 |
| May 26, 2011 | $100.18 | $115.06 | +$14.88 |
| May 27, 2011 | $100.58 | $114.85 | +$14.27 |
| May 31, 2011 | $102.70 | $117.18 | +$14.48 |
| Jun 1, 2011 | $100.30 | $116.15 | +$15.85 |
| Jun 2, 2011 | $100.41 | $114.30 | +$13.89 |
| Jun 3, 2011 | $100.28 | $115.09 | +$14.81 |
| Jun 6, 2011 | $99.07 | $115.40 | +$16.33 |
| Jun 7, 2011 | $99.18 | $116.14 | +$16.96 |
| Jun 8, 2011 | $100.77 | $118.43 | +$17.66 |
| Jun 9, 2011 | $101.95 | $119.95 | +$18.00 |
| Jun 10, 2011 | $99.30 | $118.71 | +$19.41 |
| Jun 13, 2011 | $97.20 | $120.49 | +$23.29 |
| Jun 14, 2011 | $99.37 | $120.35 | +$20.98 |
| Jun 15, 2011 | $94.83 | $114.67 | +$19.84 |
| Jun 16, 2011 | $94.95 | $114.69 | +$19.74 |
| Jun 17, 2011 | $93.02 | $113.74 | +$20.72 |
| Jun 20, 2011 | $93.23 | $112.21 | +$18.98 |
| Jun 21, 2011 | $93.70 | $112.02 | +$18.32 |
| Jun 22, 2011 | $94.96 | $113.59 | +$18.63 |
| Jun 23, 2011 | $90.70 | $108.27 | +$17.57 |
| Jun 24, 2011 | $90.89 | $104.79 | +$13.90 |
| Jun 27, 2011 | $90.65 | $104.57 | +$13.92 |
| Jun 28, 2011 | $92.90 | $107.57 | +$14.67 |
| Jun 29, 2011 | $94.85 | $111.49 | +$16.64 |
| Jun 30, 2011 | $95.30 | $111.71 | +$16.41 |
| Jul 1, 2011 | $94.81 | $109.82 | +$15.01 |
| Jul 5, 2011 | $96.92 | $113.21 | +$16.29 |
| Jul 6, 2011 | $96.67 | $113.55 | +$16.88 |
| Jul 7, 2011 | $98.70 | $117.40 | +$18.70 |
| Jul 8, 2011 | $96.20 | $117.40 | +$21.20 |
| Jul 11, 2011 | $95.16 | $117.35 | +$22.19 |
| Jul 12, 2011 | $97.41 | $117.36 | +$19.95 |
| Jul 13, 2011 | $98.04 | $118.46 | +$20.42 |
| Jul 14, 2011 | $95.75 | $117.38 | +$21.63 |
| Jul 15, 2011 | $97.24 | $118.06 | +$20.82 |
| Jul 18, 2011 | $95.94 | $117.05 | +$21.11 |
| Jul 19, 2011 | $97.49 | $118.18 | +$20.69 |
| Jul 20, 2011 | $98.11 | $118.52 | +$20.41 |
| Jul 21, 2011 | $98.96 | $118.25 | +$19.29 |
| Jul 22, 2011 | $99.53 | $118.99 | +$19.46 |
| Jul 25, 2011 | $98.97 | $118.27 | +$19.30 |
| Jul 26, 2011 | $99.61 | $118.14 | +$18.53 |
| Jul 27, 2011 | $97.40 | $117.99 | +$20.59 |
| Jul 28, 2011 | $97.48 | $118.16 | +$20.68 |
| Jul 29, 2011 | $95.68 | $115.93 | +$20.25 |
| Aug 1, 2011 | $94.98 | $116.37 | +$21.39 |
| Aug 2, 2011 | $93.78 | $116.02 | +$22.24 |
| Aug 3, 2011 | $91.87 | $113.74 | +$21.87 |
| Aug 4, 2011 | $86.75 | $110.22 | +$23.47 |
| Aug 5, 2011 | $86.89 | $106.92 | +$20.03 |
| Aug 8, 2011 | $81.27 | $103.06 | +$21.79 |
| Aug 9, 2011 | $79.32 | $103.63 | +$24.31 |
| Aug 10, 2011 | $83.05 | $103.84 | +$20.79 |
| Aug 11, 2011 | $85.48 | $107.82 | +$22.34 |
| Aug 12, 2011 | $85.19 | $108.17 | +$22.98 |
| Aug 15, 2011 | $87.88 | $108.89 | +$21.01 |
| Aug 16, 2011 | $86.65 | $109.69 | +$23.04 |
| Aug 17, 2011 | $87.58 | $111.37 | +$23.79 |
| Aug 18, 2011 | $82.38 | $108.36 | +$25.98 |
| Aug 19, 2011 | $82.33 | $109.37 | +$27.04 |
| Aug 22, 2011 | $84.42 | $108.83 | +$24.41 |
| Aug 23, 2011 | $85.35 | $110.35 | +$25.00 |
| Aug 24, 2011 | $84.99 | $111.91 | +$26.92 |
| Aug 25, 2011 | $85.15 | $111.91 | +$26.76 |
| Aug 26, 2011 | $85.37 | $112.29 | +$26.92 |
| Aug 29, 2011 | $87.27 | — | — |
| Aug 30, 2011 | $88.90 | $115.59 | +$26.69 |
| Aug 31, 2011 | $88.81 | $116.48 | +$27.67 |
| Sep 1, 2011 | $88.93 | $116.43 | +$27.50 |
| Sep 2, 2011 | $86.45 | $115.92 | +$29.47 |
| Sep 6, 2011 | $85.99 | $113.29 | +$27.30 |
| Sep 7, 2011 | $89.34 | $117.50 | +$28.16 |
| Sep 8, 2011 | $89.05 | $117.99 | +$28.94 |
| Sep 9, 2011 | $87.24 | $115.10 | +$27.86 |
| Sep 12, 2011 | $88.19 | $114.75 | +$26.56 |
| Sep 13, 2011 | $90.21 | $114.08 | +$23.87 |
| Sep 14, 2011 | $88.91 | $113.10 | +$24.19 |
| Sep 15, 2011 | $89.40 | $116.71 | +$27.31 |
| Sep 16, 2011 | $87.96 | $116.26 | +$28.30 |
| Sep 19, 2011 | $85.70 | $112.89 | +$27.19 |
| Sep 20, 2011 | $86.92 | $114.39 | +$27.47 |
| Sep 21, 2011 | $85.77 | $114.26 | +$28.49 |
| Sep 22, 2011 | $80.29 | $109.21 | +$28.92 |
| Sep 23, 2011 | $79.58 | $109.17 | +$29.59 |
| Sep 26, 2011 | $79.97 | $107.90 | +$27.93 |
| Sep 27, 2011 | $84.18 | $109.54 | +$25.36 |
| Sep 28, 2011 | $80.94 | $108.52 | +$27.58 |
| Sep 29, 2011 | $81.87 | $107.08 | +$25.21 |
| Sep 30, 2011 | $78.93 | $105.42 | +$26.49 |
| Oct 3, 2011 | $77.34 | $103.61 | +$26.27 |
| Oct 4, 2011 | $75.40 | $101.84 | +$26.44 |
| Oct 5, 2011 | $79.41 | $103.77 | +$24.36 |
| Oct 6, 2011 | $82.32 | $104.38 | +$22.06 |
| Oct 7, 2011 | $82.70 | $106.56 | +$23.86 |
| Oct 10, 2011 | $85.14 | $109.49 | +$24.35 |
| Oct 11, 2011 | $85.54 | $109.22 | +$23.68 |
| Oct 12, 2011 | $85.30 | $112.44 | +$27.14 |
| Oct 13, 2011 | $83.96 | $112.45 | +$28.49 |
| Oct 14, 2011 | $86.80 | $114.33 | +$27.53 |
| Oct 17, 2011 | $86.38 | $112.92 | +$26.54 |
| Oct 18, 2011 | $88.34 | $112.08 | +$23.74 |
| Oct 19, 2011 | $86.11 | $111.76 | +$25.65 |
| Oct 20, 2011 | $86.07 | $109.00 | +$22.93 |
| Oct 21, 2011 | $87.19 | $111.60 | +$24.41 |
| Oct 24, 2011 | $91.12 | $111.67 | +$20.55 |
| Oct 25, 2011 | $92.98 | $112.11 | +$19.13 |
| Oct 26, 2011 | $90.20 | $110.43 | +$20.23 |
| Oct 27, 2011 | $93.96 | $112.45 | +$18.49 |
| Oct 28, 2011 | $93.32 | $110.01 | +$16.69 |
| Oct 31, 2011 | $93.19 | $108.43 | +$15.24 |
| Nov 1, 2011 | $92.19 | $106.97 | +$14.78 |
| Nov 2, 2011 | $92.51 | $110.82 | +$18.31 |
| Nov 3, 2011 | $94.07 | $110.76 | +$16.69 |
| Nov 4, 2011 | $94.26 | $112.22 | +$17.96 |
| Nov 7, 2011 | $95.52 | $114.75 | +$19.23 |
| Nov 8, 2011 | $96.80 | $115.61 | +$18.81 |
| Nov 9, 2011 | $95.74 | $115.29 | +$19.55 |
| Nov 10, 2011 | $97.78 | $113.32 | +$15.54 |
| Nov 11, 2011 | $98.99 | $114.43 | +$15.44 |
| Nov 14, 2011 | $98.14 | $112.57 | +$14.43 |
| Nov 15, 2011 | $99.37 | $111.90 | +$12.53 |
| Nov 16, 2011 | $102.59 | $111.91 | +$9.32 |
| Nov 17, 2011 | $98.82 | $109.25 | +$10.43 |
| Nov 18, 2011 | $97.67 | $107.82 | +$10.15 |
| Nov 21, 2011 | $96.73 | $105.98 | +$9.25 |
| Nov 22, 2011 | $97.76 | $107.77 | +$10.01 |
| Nov 23, 2011 | $96.16 | $106.83 | +$10.67 |
| Nov 25, 2011 | $96.91 | $106.08 | +$9.17 |
| Nov 28, 2011 | $98.21 | $109.38 | +$11.17 |
| Nov 29, 2011 | $99.79 | $111.25 | +$11.46 |
| Nov 30, 2011 | $100.36 | $111.22 | +$10.86 |
| Dec 1, 2011 | $100.20 | $108.83 | +$8.63 |
| Dec 2, 2011 | $100.97 | $109.59 | +$8.62 |
| Dec 5, 2011 | $100.94 | $110.18 | +$9.24 |
| Dec 6, 2011 | $101.25 | $110.16 | +$8.91 |
| Dec 7, 2011 | $100.45 | $110.07 | +$9.62 |
| Dec 8, 2011 | $98.35 | $108.23 | +$9.88 |
| Dec 9, 2011 | $99.40 | $107.91 | +$8.51 |
| Dec 12, 2011 | $97.77 | $107.82 | +$10.05 |
| Dec 13, 2011 | $100.24 | $109.25 | +$9.01 |
| Dec 14, 2011 | $94.92 | $105.72 | +$10.80 |
| Dec 15, 2011 | $93.84 | $104.52 | +$10.68 |
| Dec 16, 2011 | $93.55 | $104.00 | +$10.45 |
| Dec 19, 2011 | $93.86 | $104.55 | +$10.69 |
| Dec 20, 2011 | $97.16 | $107.80 | +$10.64 |
| Dec 21, 2011 | $98.54 | $108.00 | +$9.46 |
| Dec 22, 2011 | $99.42 | $108.98 | +$9.56 |
| Dec 23, 2011 | $99.72 | $109.28 | +$9.56 |
| Dec 27, 2011 | $101.29 | — | — |
| Dec 28, 2011 | $99.44 | $107.54 | +$8.10 |
| Dec 29, 2011 | $99.68 | $106.89 | +$7.21 |
| Dec 30, 2011 | $98.83 | $108.09 | +$9.26 |
“—” means EIA published no price for that benchmark on that date.
Source and methodology
| Provider | Series | Units | Coverage | Latest observation |
|---|---|---|---|---|
| U.S. Energy Information Administration | RWTC — WTI spot price FOB | $/bbl | Jan 3, 2011 – Dec 30, 2011 | Dec 30, 2011 |
| U.S. Energy Information Administration | RBRTE — Brent spot price FOB | $/bbl | Jan 3, 2011 – Dec 30, 2011 | Dec 30, 2011 |
| U.S. Bureau of Labor Statistics | CUUR0000SA0 — CPI-U, all items, NSA | index, 1982–84=100 | monthly and annual average | September 2026 |
Inflation adjustment: real = nominal × CPI-U(September 2026) ÷ CPI-U(period). Annual figures use the BLS annual average CPI-U; a year without one uses the mean of the months published so far.
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:2011 daily prices (CSV)