Oil Prices in July 2012: WTI & Brent Daily Prices and Monthly Average
WTI averaged $87.90 per barrel in July 2012, up $5.60 (6.8%) from June 2012. A year earlier, in July 2011, it averaged $97.30, so the price was lower by $9.40 (9.7%) year over year.
Daily spot prices, July 2012
Chart data table (21 rows)
| Period | WTI | Brent |
|---|---|---|
| Jul 31, 2012 | $88.08 | $105.93 |
| Jul 30, 2012 | $89.80 | $106.54 |
| Jul 27, 2012 | $90.13 | $106.30 |
| Jul 26, 2012 | $89.40 | $104.77 |
| Jul 25, 2012 | $88.80 | $102.35 |
| Jul 24, 2012 | $88.28 | $103.57 |
| Jul 23, 2012 | $87.77 | $103.91 |
| Jul 20, 2012 | $91.56 | $106.98 |
| Jul 19, 2012 | $92.78 | $107.79 |
| Jul 18, 2012 | $89.88 | $105.92 |
| Jul 17, 2012 | $89.07 | $104.21 |
| Jul 16, 2012 | $88.41 | $102.10 |
| Jul 13, 2012 | $87.15 | $101.91 |
| Jul 12, 2012 | $86.02 | $99.18 |
| Jul 11, 2012 | $85.88 | $99.23 |
| Jul 10, 2012 | $83.92 | $99.15 |
| Jul 9, 2012 | $85.93 | $99.94 |
| Jul 6, 2012 | $84.37 | $98.50 |
| Jul 5, 2012 | $87.11 | $101.54 |
| Jul 3, 2012 | $87.74 | $99.89 |
| Jul 2, 2012 | $83.72 | $95.28 |
The month's range ran from $83.72 on Jul 2, 2012 to $92.78 on Jul 19, 2012; the last price was $88.08 on Jul 31, 2012. The largest one-day move was +$4.02 on Jul 3, 2012 (+4.8%).
Brent averaged $102.62; its premium over WTI on matched dates averaged $14.72, with the daily Brent − WTI difference ranging from +$11.56 to +$17.85.
Adjusted with CPI-U, the July 2012 average equals $129.27 in September 2026 dollars.
July 2012 summary
| Measure | WTI | Brent |
|---|---|---|
| Monthly average | $87.90 | $102.62 |
| Change vs June 2012 | +$5.60 | +$7.46 |
| Change vs July 2011 | −$9.40 | −$14.35 |
| Highest daily price | $92.78 Jul 19, 2012 | $107.79 Jul 19, 2012 |
| Lowest daily price | $83.72 Jul 2, 2012 | $95.28 Jul 2, 2012 |
| Published daily observations | 21 | 21 |
| Average in September 2026 dollars (CPI-U) | $129.27 | $150.92 |
Monthly averages are EIA's published figures. Real figures use CPI-U for July 2012.
Source and methodology
| Provider | Series | Units | Coverage | Latest observation |
|---|---|---|---|---|
| U.S. Energy Information Administration | RWTC — WTI spot price FOB (daily, monthly) | $/bbl | Jul 2, 2012 – Jul 31, 2012 | Jul 31, 2012 |
| U.S. Energy Information Administration | RBRTE — Brent spot price FOB (daily, monthly) | $/bbl | Jul 2, 2012 – Jul 31, 2012 | Jul 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)