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Oil Prices in June 2012: WTI & Brent Daily Prices and Monthly Average

WTI average
$82.30
EIA monthly average
vs May 2012
−13.1%
$94.66
vs June 2011
−14.5%
$96.26
Brent average
$95.16
avg daily Brent − WTI +$12.85

WTI dropped in June 2012: the monthly average fell to $82.30, down $12.36 (13.1%) from May 2012, the lowest monthly average in nominal terms since October 2010. A year earlier, in June 2011, it averaged $96.26, so the price was lower by $13.96 (14.5%) year over year.

Daily spot prices, June 2012

Chart data table (21 rows)
Daily spot prices, June 2012 ($/bbl)
PeriodWTIBrent
Jun 29, 2012$85.04$94.17
Jun 28, 2012$77.72$91.02
Jun 27, 2012$80.27$92.06
Jun 26, 2012$79.34$90.19
Jun 25, 2012$78.76$88.69
Jun 22, 2012$79.33$89.22
Jun 21, 2012$77.91$89.22
Jun 20, 2012$81.06$93.50
Jun 19, 2012$83.99$95.14
Jun 18, 2012$83.26$95.21
Jun 15, 2012$84.03$97.13
Jun 14, 2012$83.83$96.46
Jun 13, 2012$82.56$97.29
Jun 12, 2012$83.35$96.59
Jun 11, 2012$82.58$98.60
Jun 8, 2012$84.08$97.57
Jun 7, 2012$84.78$100.05
Jun 6, 2012$85.05$101.14
Jun 5, 2012$84.31$98.65
Jun 4, 2012$83.95$97.74
Jun 1, 2012$83.17$98.63

Prices peaked at $85.05 on Jun 6, 2012, then fell to $77.72 on Jun 28, 2012 and ended at $85.04. The largest one-day move was +$7.32 on Jun 29, 2012 (+9.4%).

Brent averaged $95.16; its premium over WTI on matched dates averaged $12.85, with the daily Brent − WTI difference ranging from +$9.13 to +$16.09.

It was the lowest monthly average of 2012. Adjusted with CPI-U, the June 2012 average equals $120.84 in September 2026 dollars.

June 2012 summary

MeasureWTIBrent
Monthly average$82.30$95.16
Change vs May 2012−$12.36−$15.18
Change vs June 2011−$13.96−$18.67
Highest daily price$85.05 Jun 6, 2012$101.14 Jun 6, 2012
Lowest daily price$77.72 Jun 28, 2012$88.69 Jun 25, 2012
Published daily observations2121
Average in September 2026 dollars (CPI-U)$120.84$139.72

Monthly averages are EIA's published figures. Real figures use CPI-U for June 2012.

Source and methodology

ProviderSeriesUnitsCoverageLatest observation
U.S. Energy Information AdministrationRWTC — WTI spot price FOB (daily, monthly)$/bblJun 1, 2012 – Jun 29, 2012Jun 29, 2012
U.S. Energy Information AdministrationRBRTE — Brent spot price FOB (daily, monthly)$/bblJun 1, 2012 – Jun 29, 2012Jun 29, 2012
U.S. Bureau of Labor StatisticsCUUR0000SA0 — CPI-U, all items, NSAindex, 1982–84=100monthlySeptember 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)