Oil Prices in August 2012: WTI & Brent Daily Prices and Monthly Average
WTI averaged $94.13 per barrel in August 2012, up $6.23 (7.1%) from July 2012. A year earlier, in August 2011, it averaged $86.33, so the price was higher by $7.80 (9.0%) year over year.
Daily spot prices, August 2012
Chart data table (23 rows)
| Period | WTI | Brent |
|---|---|---|
| Aug 31, 2012 | $96.47 | $113.93 |
| Aug 30, 2012 | $94.61 | $112.28 |
| Aug 29, 2012 | $95.50 | $112.53 |
| Aug 28, 2012 | $96.30 | $112.62 |
| Aug 27, 2012 | $95.54 | $113.74 |
| Aug 24, 2012 | $95.78 | $115.76 |
| Aug 23, 2012 | $95.87 | $117.45 |
| Aug 22, 2012 | $96.89 | $115.77 |
| Aug 21, 2012 | $96.55 | $116.03 |
| Aug 20, 2012 | $96.03 | $115.50 |
| Aug 17, 2012 | $96.00 | $115.20 |
| Aug 16, 2012 | $95.66 | $116.12 |
| Aug 15, 2012 | $94.35 | $115.51 |
| Aug 14, 2012 | $93.40 | $113.90 |
| Aug 13, 2012 | $92.76 | $114.48 |
| Aug 10, 2012 | $92.94 | $113.13 |
| Aug 9, 2012 | $93.39 | $113.52 |
| Aug 8, 2012 | $93.39 | $113.42 |
| Aug 7, 2012 | $93.68 | $112.39 |
| Aug 6, 2012 | $92.30 | $110.01 |
| Aug 3, 2012 | $91.40 | $109.57 |
| Aug 2, 2012 | $87.22 | $107.55 |
| Aug 1, 2012 | $88.99 | $106.78 |
Prices rose over the month, from $88.99 on Aug 1, 2012 to $96.47 on Aug 31, 2012. The largest one-day move was +$4.18 on Aug 3, 2012 (+4.8%).
Brent averaged $113.36; its premium over WTI on matched dates averaged $19.22, with the daily Brent − WTI difference ranging from +$16.32 to +$21.72.
Adjusted with CPI-U, the August 2012 average equals $137.67 in September 2026 dollars.
August 2012 summary
| Measure | WTI | Brent |
|---|---|---|
| Monthly average | $94.13 | $113.36 |
| Change vs July 2012 | +$6.23 | +$10.74 |
| Change vs August 2011 | +$7.80 | +$3.14 |
| Highest daily price | $96.89 Aug 22, 2012 | $117.45 Aug 23, 2012 |
| Lowest daily price | $87.22 Aug 2, 2012 | $106.78 Aug 1, 2012 |
| Published daily observations | 23 | 23 |
| Average in September 2026 dollars (CPI-U) | $137.67 | $165.79 |
Monthly averages are EIA's published figures. Real figures use CPI-U for August 2012.
Source and methodology
| Provider | Series | Units | Coverage | Latest observation |
|---|---|---|---|---|
| U.S. Energy Information Administration | RWTC — WTI spot price FOB (daily, monthly) | $/bbl | Aug 1, 2012 – Aug 31, 2012 | Aug 31, 2012 |
| U.S. Energy Information Administration | RBRTE — Brent spot price FOB (daily, monthly) | $/bbl | Aug 1, 2012 – Aug 31, 2012 | Aug 31, 2012 |
| 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:2012 daily prices (CSV)