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

WTI average
$89.49
EIA monthly average
vs September 2012
−5.3%
$94.51
vs October 2011
+3.7%
$86.32
Brent average
$111.71
avg daily Brent − WTI +$22.22

WTI averaged $89.49 per barrel in October 2012, down $5.02 (5.3%) from September 2012. A year earlier, in October 2011, it averaged $86.32, so the price was higher by $3.17 (3.7%) year over year.

Daily spot prices, October 2012

Chart data table (23 rows)
Daily spot prices, October 2012 ($/bbl)
PeriodWTIBrent
Oct 31, 2012$86.23$109.89
Oct 30, 2012$85.65$109.40
Oct 29, 2012$85.52$109.33
Oct 26, 2012$85.84$108.90
Oct 25, 2012$85.59$107.64
Oct 24, 2012$85.39$107.66
Oct 23, 2012$86.65$107.53
Oct 22, 2012$88.30$109.62
Oct 19, 2012$90.00$111.89
Oct 18, 2012$92.00$112.58
Oct 17, 2012$92.04$113.49
Oct 16, 2012$92.07$115.00
Oct 15, 2012$91.84$115.00
Oct 12, 2012$91.83$115.17
Oct 11, 2012$92.19$116.18
Oct 10, 2012$91.24$116.11
Oct 9, 2012$92.42$114.32
Oct 8, 2012$89.43$112.60
Oct 5, 2012$89.87$112.17
Oct 4, 2012$91.69$110.48
Oct 3, 2012$88.19$109.32
Oct 2, 2012$91.88$112.49
Oct 1, 2012$92.44$112.58

Prices fell over the month, from $92.44 on Oct 1, 2012 to $86.23 on Oct 31, 2012. The largest one-day move was −$3.69 on Oct 3, 2012 (−4.0%).

Brent averaged $111.71; its premium over WTI on matched dates averaged $22.22, with the daily Brent − WTI difference ranging from +$18.79 to +$24.87.

Adjusted with CPI-U, the October 2012 average equals $130.35 in September 2026 dollars.

October 2012 summary

MeasureWTIBrent
Monthly average$89.49$111.71
Change vs September 2012−$5.02−$1.15
Change vs October 2011+$3.17+$2.16
Highest daily price$92.44 Oct 1, 2012$116.18 Oct 11, 2012
Lowest daily price$85.39 Oct 24, 2012$107.53 Oct 23, 2012
Published daily observations2323
Average in September 2026 dollars (CPI-U)$130.35$162.72

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

Source and methodology

ProviderSeriesUnitsCoverageLatest observation
U.S. Energy Information AdministrationRWTC — WTI spot price FOB (daily, monthly)$/bblOct 1, 2012 – Oct 31, 2012Oct 31, 2012
U.S. Energy Information AdministrationRBRTE — Brent spot price FOB (daily, monthly)$/bblOct 1, 2012 – Oct 31, 2012Oct 31, 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)