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Oil Prices in 2012: WTI & Brent History and Monthly Averages

WTI average
$94.05
EIA annual average
WTI vs prior year
−0.9%
2011: $94.88
Brent average
$111.63
EIA annual average
Brent vs prior year
+0.3%
2011: $111.26

WTI averaged $94.05 per barrel in 2012, down $0.83 (0.9%) from 2011; that was the lowest annual average since 2010.

Monthly average prices in 2012

Monthly averages and daily ranges, 2012 ($/bbl)
MonthWTI avgWTI highWTI lowBrent avgBrent − WTI (matched dates)WTI (September 2026 $)Brent (September 2026 $)
January$100.27$103.22$98.15$110.69+$10.41$149.05$164.54
February$102.20$109.39$96.36$119.33+$17.12$151.26$176.61
March$106.16$108.76$102.79$125.45+$19.29$155.93$184.27
April$103.32$105.25$101.12$119.75+$16.38$151.30$175.36
May$94.66$106.17$86.52$110.34+$15.84$138.78$161.77
June$82.30$85.05$77.72$95.16+$12.85$120.84$139.72
July$87.90$92.78$83.72$102.62+$14.72$129.27$150.92
August$94.13$96.89$87.22$113.36+$19.22$137.67$165.79
September$94.51$98.94$89.92$112.86+$18.35$137.61$164.33
October$89.49$92.44$85.39$111.71+$22.22$130.35$162.72
November$86.53$89.05$84.50$109.06+$22.53$126.64$159.61
December$87.86$91.83$85.14$109.49+$21.63$128.93$160.68

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.

WTI was at or above $100 on 67 days of 252 published observations. The steepest fall within the year ran from $109.39 on Feb 24, 2012 to $77.72 on Jun 28, 2012, a 29% drop. From $77.72 on Jun 28, 2012, WTI climbed to $98.94 by Sep 14, 2012, a 27% gain. Between May and June the monthly average fell $12.36, the largest month-to-month change of the year.

Brent carried a wide premium over WTI in 2012, averaging $17.62 more on 250 matched dates, with the widest daily gap $24.87 on Oct 10, 2012. Brent averaged $111.63, up $0.37 (0.3%) from 2011.

Monthly averages peaked early, at $106.16 in March, and bottomed at $82.30 in June. In September 2026 dollars (CPI-U), the 2012 average is $138.02, higher than 2025's real average by $69.59 (101.7%). The 2010s as a whole averaged $72.42, so 2012 ran above its decade. Of 40 complete years with an EIA annual average, 2012 ranks 5th highest.

2012 summary statistics

MeasureWTIBrentBrent − WTI
Average$94.05$111.63+$17.62
Change vs 2011 average−$0.83+$0.37+$1.10
Highest daily price$109.39 Feb 24, 2012$128.14 Mar 13, 2012—
Lowest daily price$77.72 Jun 28, 2012$88.69 Jun 25, 2012—
Highest daily spread——+$24.87 Oct 10, 2012
Lowest daily spread——+$8.16 Jan 3, 2012
First observation$102.96 Jan 3, 2012$111.12 Jan 3, 2012—
Last observation$91.83 Dec 31, 2012$110.80 Dec 31, 2012—
Published daily observations252250250 matched
Average in September 2026 dollars$138.02$163.82—

Daily spot prices in 2012

Show all 252 dates (Jan 3, 2012 – Dec 31, 2012)
DateWTIBrentBrent − WTI
Jan 3, 2012$102.96$111.12+$8.16
Jan 4, 2012$103.22$113.37+$10.15
Jan 5, 2012$101.81$113.59+$11.78
Jan 6, 2012$101.56$111.96+$10.40
Jan 9, 2012$101.31$111.07+$9.76
Jan 10, 2012$102.24$113.30+$11.06
Jan 11, 2012$100.89$111.66+$10.77
Jan 12, 2012$99.03$112.97+$13.94
Jan 13, 2012$98.69$109.88+$11.19
Jan 17, 2012$100.70$110.55+$9.85
Jan 18, 2012$100.61$109.81+$9.20
Jan 19, 2012$100.32$109.54+$9.22
Jan 20, 2012$98.15$108.50+$10.35
Jan 23, 2012$99.47$109.46+$9.99
Jan 24, 2012$98.84$108.38+$9.54
Jan 25, 2012$99.23$108.48+$9.25
Jan 26, 2012$99.76$109.08+$9.32
Jan 27, 2012$99.47$110.50+$11.03
Jan 30, 2012$98.75$110.24+$11.49
Jan 31, 2012$98.46$110.26+$11.80
Feb 1, 2012$97.63$111.96+$14.33
Feb 2, 2012$96.36$110.96+$14.60
Feb 3, 2012$97.80$112.56+$14.76
Feb 6, 2012$96.89$115.47+$18.58
Feb 7, 2012$98.55$116.86+$18.31
Feb 8, 2012$98.80$117.18+$18.38
Feb 9, 2012$99.88$118.40+$18.52
Feb 10, 2012$98.68$118.13+$19.45
Feb 13, 2012$100.39$118.73+$18.34
Feb 14, 2012$100.82$118.30+$17.48
Feb 15, 2012$101.82$120.25+$18.43
Feb 16, 2012$102.33$121.00+$18.67
Feb 17, 2012$103.27$120.69+$17.42
Feb 21, 2012$105.88$120.85+$14.97
Feb 22, 2012$105.99$123.07+$17.08
Feb 23, 2012$107.44$124.53+$17.09
Feb 24, 2012$109.39$124.89+$15.50
Feb 27, 2012$108.49$126.46+$17.97
Feb 28, 2012$106.59$124.02+$17.43
Feb 29, 2012$107.08$122.23+$15.15
Mar 1, 2012$108.76$125.76+$17.00
Mar 2, 2012$106.68$125.93+$19.25
Mar 5, 2012$106.70$126.68+$19.98
Mar 6, 2012$104.71$125.03+$20.32
Mar 7, 2012$106.16$125.37+$19.21
Mar 8, 2012$106.65$127.96+$21.31
Mar 9, 2012$107.40$128.08+$20.68
Mar 12, 2012$106.34$127.27+$20.93
Mar 13, 2012$106.70$128.14+$21.44
Mar 14, 2012$105.49$126.98+$21.49
Mar 15, 2012$105.19$123.63+$18.44
Mar 16, 2012$107.03$125.09+$18.06
Mar 19, 2012$108.09$125.76+$17.67
Mar 20, 2012$105.68$124.38+$18.70
Mar 21, 2012$106.87$123.89+$17.02
Mar 22, 2012$104.98$122.49+$17.51
Mar 23, 2012$106.43$125.21+$18.78
Mar 26, 2012$107.07$125.85+$18.78
Mar 27, 2012$107.32$125.25+$17.93
Mar 28, 2012$105.40$124.41+$19.01
Mar 29, 2012$102.79$123.23+$20.44
Mar 30, 2012$103.03$123.41+$20.38
Apr 2, 2012$105.25$124.44+$19.19
Apr 3, 2012$104.02$125.66+$21.64
Apr 4, 2012$101.53$123.04+$21.51
Apr 5, 2012$103.29$123.58+$20.29
Apr 9, 2012$102.45——
Apr 10, 2012$101.12$121.89+$20.77
Apr 11, 2012$102.66$120.41+$17.75
Apr 12, 2012$103.69$120.57+$16.88
Apr 13, 2012$102.84$120.62+$17.78
Apr 16, 2012$102.92$118.23+$15.31
Apr 17, 2012$104.23$117.41+$13.18
Apr 18, 2012$102.65$115.18+$12.53
Apr 19, 2012$102.38$117.00+$14.62
Apr 20, 2012$103.58$118.08+$14.50
Apr 23, 2012$102.68$116.66+$13.98
Apr 24, 2012$103.10$117.74+$14.64
Apr 25, 2012$103.72$117.45+$13.73
Apr 26, 2012$104.56$119.33+$14.77
Apr 27, 2012$104.86$119.30+$14.44
Apr 30, 2012$104.89$118.66+$13.77
May 1, 2012$106.17$119.57+$13.40
May 2, 2012$105.25$117.57+$12.32
May 3, 2012$102.56$115.91+$13.35
May 4, 2012$98.49$111.66+$13.17
May 7, 2012$97.86——
May 8, 2012$97.13$110.48+$13.35
May 9, 2012$96.80$111.89+$15.09
May 10, 2012$97.10$112.24+$15.14
May 11, 2012$96.03$112.50+$16.47
May 14, 2012$94.75$110.79+$16.04
May 15, 2012$93.97$111.40+$17.43
May 16, 2012$92.78$109.80+$17.02
May 17, 2012$92.53$109.31+$16.78
May 18, 2012$91.51$108.03+$16.52
May 21, 2012$92.57$109.02+$16.45
May 22, 2012$91.44$109.76+$18.32
May 23, 2012$89.40$106.88+$17.48
May 24, 2012$90.36$107.20+$16.84
May 25, 2012$90.64$107.86+$17.22
May 29, 2012$90.75$107.55+$16.80
May 30, 2012$87.79$103.85+$16.06
May 31, 2012$86.52$103.86+$17.34
Jun 1, 2012$83.17$98.63+$15.46
Jun 4, 2012$83.95$97.74+$13.79
Jun 5, 2012$84.31$98.65+$14.34
Jun 6, 2012$85.05$101.14+$16.09
Jun 7, 2012$84.78$100.05+$15.27
Jun 8, 2012$84.08$97.57+$13.49
Jun 11, 2012$82.58$98.60+$16.02
Jun 12, 2012$83.35$96.59+$13.24
Jun 13, 2012$82.56$97.29+$14.73
Jun 14, 2012$83.83$96.46+$12.63
Jun 15, 2012$84.03$97.13+$13.10
Jun 18, 2012$83.26$95.21+$11.95
Jun 19, 2012$83.99$95.14+$11.15
Jun 20, 2012$81.06$93.50+$12.44
Jun 21, 2012$77.91$89.22+$11.31
Jun 22, 2012$79.33$89.22+$9.89
Jun 25, 2012$78.76$88.69+$9.93
Jun 26, 2012$79.34$90.19+$10.85
Jun 27, 2012$80.27$92.06+$11.79
Jun 28, 2012$77.72$91.02+$13.30
Jun 29, 2012$85.04$94.17+$9.13
Jul 2, 2012$83.72$95.28+$11.56
Jul 3, 2012$87.74$99.89+$12.15
Jul 5, 2012$87.11$101.54+$14.43
Jul 6, 2012$84.37$98.50+$14.13
Jul 9, 2012$85.93$99.94+$14.01
Jul 10, 2012$83.92$99.15+$15.23
Jul 11, 2012$85.88$99.23+$13.35
Jul 12, 2012$86.02$99.18+$13.16
Jul 13, 2012$87.15$101.91+$14.76
Jul 16, 2012$88.41$102.10+$13.69
Jul 17, 2012$89.07$104.21+$15.14
Jul 18, 2012$89.88$105.92+$16.04
Jul 19, 2012$92.78$107.79+$15.01
Jul 20, 2012$91.56$106.98+$15.42
Jul 23, 2012$87.77$103.91+$16.14
Jul 24, 2012$88.28$103.57+$15.29
Jul 25, 2012$88.80$102.35+$13.55
Jul 26, 2012$89.40$104.77+$15.37
Jul 27, 2012$90.13$106.30+$16.17
Jul 30, 2012$89.80$106.54+$16.74
Jul 31, 2012$88.08$105.93+$17.85
Aug 1, 2012$88.99$106.78+$17.79
Aug 2, 2012$87.22$107.55+$20.33
Aug 3, 2012$91.40$109.57+$18.17
Aug 6, 2012$92.30$110.01+$17.71
Aug 7, 2012$93.68$112.39+$18.71
Aug 8, 2012$93.39$113.42+$20.03
Aug 9, 2012$93.39$113.52+$20.13
Aug 10, 2012$92.94$113.13+$20.19
Aug 13, 2012$92.76$114.48+$21.72
Aug 14, 2012$93.40$113.90+$20.50
Aug 15, 2012$94.35$115.51+$21.16
Aug 16, 2012$95.66$116.12+$20.46
Aug 17, 2012$96.00$115.20+$19.20
Aug 20, 2012$96.03$115.50+$19.47
Aug 21, 2012$96.55$116.03+$19.48
Aug 22, 2012$96.89$115.77+$18.88
Aug 23, 2012$95.87$117.45+$21.58
Aug 24, 2012$95.78$115.76+$19.98
Aug 27, 2012$95.54$113.74+$18.20
Aug 28, 2012$96.30$112.62+$16.32
Aug 29, 2012$95.50$112.53+$17.03
Aug 30, 2012$94.61$112.28+$17.67
Aug 31, 2012$96.47$113.93+$17.46
Sep 4, 2012$95.34$114.98+$19.64
Sep 5, 2012$95.37$113.32+$17.95
Sep 6, 2012$95.58$114.50+$18.92
Sep 7, 2012$96.41$113.64+$17.23
Sep 10, 2012$96.52$113.84+$17.32
Sep 11, 2012$97.03$114.86+$17.83
Sep 12, 2012$97.02$114.86+$17.84
Sep 13, 2012$98.30$116.00+$17.70
Sep 14, 2012$98.94$117.48+$18.54
Sep 17, 2012$96.51$116.70+$20.19
Sep 18, 2012$95.25$113.29+$18.04
Sep 19, 2012$91.97$108.49+$16.52
Sep 20, 2012$92.14$109.41+$17.27
Sep 21, 2012$92.64$111.27+$18.63
Sep 24, 2012$91.68$109.20+$17.52
Sep 25, 2012$91.07$110.77+$19.70
Sep 26, 2012$89.92$108.99+$19.07
Sep 27, 2012$91.89$111.45+$19.56
Sep 28, 2012$92.18$111.36+$19.18
Oct 1, 2012$92.44$112.58+$20.14
Oct 2, 2012$91.88$112.49+$20.61
Oct 3, 2012$88.19$109.32+$21.13
Oct 4, 2012$91.69$110.48+$18.79
Oct 5, 2012$89.87$112.17+$22.30
Oct 8, 2012$89.43$112.60+$23.17
Oct 9, 2012$92.42$114.32+$21.90
Oct 10, 2012$91.24$116.11+$24.87
Oct 11, 2012$92.19$116.18+$23.99
Oct 12, 2012$91.83$115.17+$23.34
Oct 15, 2012$91.84$115.00+$23.16
Oct 16, 2012$92.07$115.00+$22.93
Oct 17, 2012$92.04$113.49+$21.45
Oct 18, 2012$92.00$112.58+$20.58
Oct 19, 2012$90.00$111.89+$21.89
Oct 22, 2012$88.30$109.62+$21.32
Oct 23, 2012$86.65$107.53+$20.88
Oct 24, 2012$85.39$107.66+$22.27
Oct 25, 2012$85.59$107.64+$22.05
Oct 26, 2012$85.84$108.90+$23.06
Oct 29, 2012$85.52$109.33+$23.81
Oct 30, 2012$85.65$109.40+$23.75
Oct 31, 2012$86.23$109.89+$23.66
Nov 1, 2012$87.05$108.84+$21.79
Nov 2, 2012$84.90$106.79+$21.89
Nov 5, 2012$85.64$105.59+$19.95
Nov 6, 2012$88.62$109.27+$20.65
Nov 7, 2012$84.50$108.21+$23.71
Nov 8, 2012$85.07$107.23+$22.16
Nov 9, 2012$86.08$108.61+$22.53
Nov 12, 2012$85.56$110.23+$24.67
Nov 13, 2012$85.38$108.82+$23.44
Nov 14, 2012$86.32$109.66+$23.34
Nov 15, 2012$85.45$110.07+$24.62
Nov 16, 2012$86.62$106.81+$20.19
Nov 19, 2012$89.05$110.06+$21.01
Nov 20, 2012$86.46$110.01+$23.55
Nov 21, 2012$87.08$110.81+$23.73
Nov 23, 2012$87.01$110.14+$23.13
Nov 26, 2012$87.28$110.18+$22.90
Nov 27, 2012$86.81$109.33+$22.52
Nov 28, 2012$86.10$108.26+$22.16
Nov 29, 2012$87.64$110.47+$22.83
Nov 30, 2012$88.54$110.84+$22.30
Dec 3, 2012$88.69$111.27+$22.58
Dec 4, 2012$88.04$109.99+$21.95
Dec 5, 2012$87.36$108.96+$21.60
Dec 6, 2012$85.47$108.01+$22.54
Dec 7, 2012$85.45$107.16+$21.71
Dec 10, 2012$85.14$108.25+$23.11
Dec 11, 2012$85.36$107.60+$22.24
Dec 12, 2012$86.35$110.17+$23.82
Dec 13, 2012$85.39$110.18+$24.79
Dec 14, 2012$86.32$109.28+$22.96
Dec 17, 2012$86.71$109.35+$22.64
Dec 18, 2012$87.46$109.96+$22.50
Dec 19, 2012$89.09$109.95+$20.86
Dec 20, 2012$89.76$110.57+$20.81
Dec 21, 2012$88.20$109.13+$20.93
Dec 24, 2012$88.29$108.44+$20.15
Dec 26, 2012$90.71$110.72+$20.01
Dec 27, 2012$90.91$110.04+$19.13
Dec 28, 2012$90.66$110.05+$19.39
Dec 31, 2012$91.83$110.80+$18.97

“—” means EIA published no price for that benchmark on that date.

Source and methodology

ProviderSeriesUnitsCoverageLatest observation
U.S. Energy Information AdministrationRWTC — WTI spot price FOB$/bblJan 3, 2012 – Dec 31, 2012Dec 31, 2012
U.S. Energy Information AdministrationRBRTE — Brent spot price FOB$/bblJan 3, 2012 – Dec 31, 2012Dec 31, 2012
U.S. Bureau of Labor StatisticsCUUR0000SA0 — CPI-U, all items, NSAindex, 1982–84=100monthly and annual averageSeptember 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:2012 daily prices (CSV)