Oil Prices in 2014: WTI & Brent History and Monthly Averages
WTI average
$93.17
EIA annual average
WTI vs prior year
−4.9%
2013: $97.98
Brent average
$98.97
EIA annual average
Brent vs prior year
−8.8%
2013: $108.56
WTI averaged $93.17 per barrel in 2014, down $4.81 (4.9%) from 2013; that was the lowest annual average since 2010.
Monthly average prices in 2014
| Month | WTI avg | WTI high | WTI low | Brent avg | Brent − WTI (matched dates) | WTI (September 2026 $) | Brent (September 2026 $) |
|---|---|---|---|---|---|---|---|
| January | $94.62 | $98.25 | $91.36 | $108.12 | +$13.51 | $136.29 | $155.74 |
| February | $100.82 | $103.46 | $96.44 | $108.90 | +$8.08 | $144.69 | $156.29 |
| March | $100.80 | $105.34 | $98.29 | $107.48 | +$6.68 | $143.73 | $153.26 |
| April | $102.07 | $104.35 | $99.60 | $107.76 | +$5.69 | $145.07 | $153.15 |
| May | $102.18 | $105.01 | $99.69 | $109.54 | +$7.34 | $144.72 | $155.14 |
| June | $105.79 | $107.95 | $103.07 | $111.80 | +$6.00 | $149.55 | $158.05 |
| July | $103.59 | $106.06 | $98.23 | $106.77 | +$3.18 | $146.50 | $151.00 |
| August | $96.54 | $98.26 | $93.61 | $101.61 | +$5.07 | $136.76 | $143.94 |
| September | $93.21 | $95.55 | $91.46 | $97.09 | +$3.90 | $131.94 | $137.43 |
| October | $84.40 | $90.33 | $80.52 | $87.43 | +$3.12 | $119.77 | $124.07 |
| November | $75.79 | $78.77 | $65.94 | $79.44 | +$3.65 | $108.14 | $113.34 |
| December | $59.29 | $68.98 | $53.45 | $62.34 | +$3.04 | $85.08 | $89.45 |
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.
The steepest fall within the year ran from $107.95 on Jun 20, 2014 to $53.45 on Dec 31, 2014, a 50% drop. WTI was at or above $100 on 106 days of 249 published observations. The price finished the year 44% below its first 2014 close of $95.14. Between November and December the monthly average fell $16.50, the largest month-to-month change of the year.
Brent carried a wide premium over WTI in 2014, averaging $5.76 more on 249 matched dates, with the widest daily gap $16.57 on Jan 13, 2014. Brent averaged $98.97, down $9.59 (8.8%) from 2013.
Monthly averages peaked early, at $105.79 in June, and bottomed at $59.29 in December. In September 2026 dollars (CPI-U), the 2014 average is $132.61, higher than 2025's real average by $64.17 (93.8%). The 2010s as a whole averaged $72.42, so 2014 ran above its decade. Of 40 complete years with an EIA annual average, 2014 ranks 6th highest.
2014 summary statistics
| Measure | WTI | Brent | Brent − WTI |
|---|---|---|---|
| Average | $93.17 | $98.97 | +$5.76 |
| Change vs 2013 average | −$4.81 | −$9.59 | −$4.82 |
| Highest daily price | $107.95 Jun 20, 2014 | $115.19 Jun 19, 2014 | — |
| Lowest daily price | $53.45 Dec 31, 2014 | $55.27 Dec 31, 2014 | — |
| Highest daily spread | — | — | +$16.57 Jan 13, 2014 |
| Lowest daily spread | — | — | −$0.47 Sep 26, 2014 |
| First observation | $95.14 Jan 2, 2014 | $107.94 Jan 2, 2014 | — |
| Last observation | $53.45 Dec 31, 2014 | $55.27 Dec 31, 2014 | — |
| Published daily observations | 249 | 251 | 249 matched |
| Average in September 2026 dollars | $132.61 | $140.86 | — |
Daily spot prices in 2014
Show all 251 dates (Jan 2, 2014 – Dec 31, 2014)
| Date | WTI | Brent | Brent − WTI |
|---|---|---|---|
| Jan 2, 2014 | $95.14 | $107.94 | +$12.80 |
| Jan 3, 2014 | $93.66 | $106.57 | +$12.91 |
| Jan 6, 2014 | $93.12 | $106.71 | +$13.59 |
| Jan 7, 2014 | $93.31 | $107.01 | +$13.70 |
| Jan 8, 2014 | $91.90 | $107.42 | +$15.52 |
| Jan 9, 2014 | $91.36 | $107.49 | +$16.13 |
| Jan 10, 2014 | $92.39 | $106.44 | +$14.05 |
| Jan 13, 2014 | $91.45 | $108.02 | +$16.57 |
| Jan 14, 2014 | $92.15 | $107.12 | +$14.97 |
| Jan 15, 2014 | $93.78 | $108.09 | +$14.31 |
| Jan 16, 2014 | $93.54 | $107.46 | +$13.92 |
| Jan 17, 2014 | $93.96 | $108.45 | +$14.49 |
| Jan 20, 2014 | — | $108.01 | — |
| Jan 21, 2014 | $94.51 | $109.17 | +$14.66 |
| Jan 22, 2014 | $96.35 | $109.69 | +$13.34 |
| Jan 23, 2014 | $97.23 | $109.69 | +$12.46 |
| Jan 24, 2014 | $96.66 | $109.14 | +$12.48 |
| Jan 27, 2014 | $95.82 | $108.72 | +$12.90 |
| Jan 28, 2014 | $97.49 | $109.10 | +$11.61 |
| Jan 29, 2014 | $97.34 | $108.83 | +$11.49 |
| Jan 30, 2014 | $98.25 | $109.36 | +$11.11 |
| Jan 31, 2014 | $97.55 | $108.16 | +$10.61 |
| Feb 3, 2014 | $96.44 | $106.55 | +$10.11 |
| Feb 4, 2014 | $97.24 | $107.04 | +$9.80 |
| Feb 5, 2014 | $97.40 | $106.81 | +$9.41 |
| Feb 6, 2014 | $97.84 | $108.15 | +$10.31 |
| Feb 7, 2014 | $99.98 | $110.12 | +$10.14 |
| Feb 10, 2014 | $100.12 | $110.18 | +$10.06 |
| Feb 11, 2014 | $99.96 | $109.21 | +$9.25 |
| Feb 12, 2014 | $100.38 | $108.62 | +$8.24 |
| Feb 13, 2014 | $100.27 | $108.98 | +$8.71 |
| Feb 14, 2014 | $100.31 | $108.63 | +$8.32 |
| Feb 18, 2014 | $102.54 | $110.14 | +$7.60 |
| Feb 19, 2014 | $103.46 | $110.37 | +$6.91 |
| Feb 20, 2014 | $103.20 | $109.42 | +$6.22 |
| Feb 21, 2014 | $102.53 | $109.03 | +$6.50 |
| Feb 24, 2014 | $103.17 | $109.76 | +$6.59 |
| Feb 25, 2014 | $102.20 | $109.19 | +$6.99 |
| Feb 26, 2014 | $102.93 | $109.39 | +$6.46 |
| Feb 27, 2014 | $102.68 | $108.54 | +$5.86 |
| Feb 28, 2014 | $102.88 | $108.98 | +$6.10 |
| Mar 3, 2014 | $105.34 | $111.26 | +$5.92 |
| Mar 4, 2014 | $103.64 | $109.17 | +$5.53 |
| Mar 5, 2014 | $101.75 | $108.15 | +$6.40 |
| Mar 6, 2014 | $101.82 | $107.99 | +$6.17 |
| Mar 7, 2014 | $102.82 | $109.14 | +$6.32 |
| Mar 10, 2014 | $101.39 | $108.27 | +$6.88 |
| Mar 11, 2014 | $100.29 | $108.35 | +$8.06 |
| Mar 12, 2014 | $98.29 | $107.88 | +$9.59 |
| Mar 13, 2014 | $98.57 | $107.48 | +$8.91 |
| Mar 14, 2014 | $99.23 | $108.08 | +$8.85 |
| Mar 17, 2014 | $98.43 | $106.99 | +$8.56 |
| Mar 18, 2014 | $100.08 | $106.79 | +$6.71 |
| Mar 19, 2014 | $100.71 | $105.95 | +$5.24 |
| Mar 20, 2014 | $99.68 | $105.73 | +$6.05 |
| Mar 21, 2014 | $99.97 | $107.20 | +$7.23 |
| Mar 24, 2014 | $100.05 | $106.59 | +$6.54 |
| Mar 25, 2014 | $99.66 | $107.01 | +$7.35 |
| Mar 26, 2014 | $100.61 | $105.90 | +$5.29 |
| Mar 27, 2014 | $101.25 | $106.58 | +$5.33 |
| Mar 28, 2014 | $101.73 | $106.64 | +$4.91 |
| Mar 31, 2014 | $101.57 | $105.95 | +$4.38 |
| Apr 1, 2014 | $99.69 | $105.70 | +$6.01 |
| Apr 2, 2014 | $99.60 | $103.37 | +$3.77 |
| Apr 3, 2014 | $100.29 | $104.88 | +$4.59 |
| Apr 4, 2014 | $101.16 | $106.41 | +$5.25 |
| Apr 7, 2014 | $100.43 | $104.89 | +$4.46 |
| Apr 8, 2014 | $102.57 | $105.83 | +$3.26 |
| Apr 9, 2014 | $103.55 | $107.39 | +$3.84 |
| Apr 10, 2014 | $103.37 | $107.10 | +$3.73 |
| Apr 11, 2014 | $103.68 | $107.34 | +$3.66 |
| Apr 14, 2014 | $104.05 | $107.68 | +$3.63 |
| Apr 15, 2014 | $103.70 | $109.10 | +$5.40 |
| Apr 16, 2014 | $103.71 | $109.71 | +$6.00 |
| Apr 17, 2014 | $104.33 | $109.79 | +$5.46 |
| Apr 21, 2014 | $104.35 | $109.69 | +$5.34 |
| Apr 22, 2014 | $101.69 | $108.54 | +$6.85 |
| Apr 23, 2014 | $101.47 | $108.48 | +$7.01 |
| Apr 24, 2014 | $102.20 | $109.79 | +$7.59 |
| Apr 25, 2014 | $100.85 | $109.53 | +$8.68 |
| Apr 28, 2014 | $101.13 | $109.12 | +$7.99 |
| Apr 29, 2014 | $101.56 | $109.89 | +$8.33 |
| Apr 30, 2014 | $100.07 | $108.63 | +$8.56 |
| May 1, 2014 | $99.69 | $108.63 | +$8.94 |
| May 2, 2014 | $100.09 | $109.48 | +$9.39 |
| May 5, 2014 | $99.74 | $109.48 | +$9.74 |
| May 6, 2014 | $99.81 | $108.30 | +$8.49 |
| May 7, 2014 | $101.06 | $108.17 | +$7.11 |
| May 8, 2014 | $100.52 | $108.19 | +$7.67 |
| May 9, 2014 | $100.32 | $108.26 | +$7.94 |
| May 12, 2014 | $100.89 | $108.37 | +$7.48 |
| May 13, 2014 | $102.01 | $108.78 | +$6.77 |
| May 14, 2014 | $102.63 | $109.87 | +$7.24 |
| May 15, 2014 | $101.74 | $109.74 | +$8.00 |
| May 16, 2014 | $102.31 | $110.90 | +$8.59 |
| May 19, 2014 | $102.95 | $110.84 | +$7.89 |
| May 20, 2014 | $102.80 | $110.35 | +$7.55 |
| May 21, 2014 | $104.31 | $111.32 | +$7.01 |
| May 22, 2014 | $104.03 | $110.89 | +$6.86 |
| May 23, 2014 | $105.01 | $110.19 | +$5.18 |
| May 26, 2014 | — | $110.01 | — |
| May 27, 2014 | $104.78 | $109.81 | +$5.03 |
| May 28, 2014 | $103.37 | $109.09 | +$5.72 |
| May 29, 2014 | $104.26 | $109.98 | +$5.72 |
| May 30, 2014 | $103.40 | $109.21 | +$5.81 |
| Jun 2, 2014 | $103.07 | $109.34 | +$6.27 |
| Jun 3, 2014 | $103.34 | $108.87 | +$5.53 |
| Jun 4, 2014 | $103.27 | $109.07 | +$5.80 |
| Jun 5, 2014 | $103.17 | $108.43 | +$5.26 |
| Jun 6, 2014 | $103.32 | $109.21 | +$5.89 |
| Jun 9, 2014 | $105.09 | $110.55 | +$5.46 |
| Jun 10, 2014 | $105.02 | $109.18 | +$4.16 |
| Jun 11, 2014 | $105.04 | $109.83 | +$4.79 |
| Jun 12, 2014 | $107.20 | $112.18 | +$4.98 |
| Jun 13, 2014 | $107.49 | $113.15 | +$5.66 |
| Jun 16, 2014 | $107.52 | $113.42 | +$5.90 |
| Jun 17, 2014 | $106.95 | $114.02 | +$7.07 |
| Jun 18, 2014 | $106.64 | $114.25 | +$7.61 |
| Jun 19, 2014 | $107.08 | $115.19 | +$8.11 |
| Jun 20, 2014 | $107.95 | $114.55 | +$6.60 |
| Jun 23, 2014 | $106.83 | $113.62 | +$6.79 |
| Jun 24, 2014 | $106.64 | $113.74 | +$7.10 |
| Jun 25, 2014 | $107.04 | $112.84 | +$5.80 |
| Jun 26, 2014 | $106.49 | $112.61 | +$6.12 |
| Jun 27, 2014 | $106.46 | $112.62 | +$6.16 |
| Jun 30, 2014 | $106.07 | $111.03 | +$4.96 |
| Jul 1, 2014 | $106.06 | $110.84 | +$4.78 |
| Jul 2, 2014 | $105.18 | $110.18 | +$5.00 |
| Jul 3, 2014 | $104.76 | $108.98 | +$4.22 |
| Jul 7, 2014 | $104.19 | $108.70 | +$4.51 |
| Jul 8, 2014 | $104.06 | $107.65 | +$3.59 |
| Jul 9, 2014 | $102.93 | $106.84 | +$3.91 |
| Jul 10, 2014 | $103.61 | $106.20 | +$2.59 |
| Jul 11, 2014 | $101.48 | $105.77 | +$4.29 |
| Jul 14, 2014 | $101.73 | $104.73 | +$3.00 |
| Jul 15, 2014 | $100.56 | $104.73 | +$4.17 |
| Jul 16, 2014 | $101.88 | $105.41 | +$3.53 |
| Jul 17, 2014 | $103.84 | $106.04 | +$2.20 |
| Jul 18, 2014 | $103.83 | $106.03 | +$2.20 |
| Jul 21, 2014 | $105.34 | $105.71 | +$0.37 |
| Jul 22, 2014 | $104.59 | $106.48 | +$1.89 |
| Jul 23, 2014 | $103.81 | $106.85 | +$3.04 |
| Jul 24, 2014 | $102.76 | $105.78 | +$3.02 |
| Jul 25, 2014 | $105.23 | $106.89 | +$1.66 |
| Jul 28, 2014 | $105.68 | $106.70 | +$1.02 |
| Jul 29, 2014 | $104.91 | $106.98 | +$2.07 |
| Jul 30, 2014 | $104.29 | $106.47 | +$2.18 |
| Jul 31, 2014 | $98.23 | $104.94 | +$6.71 |
| Aug 1, 2014 | $97.86 | $103.45 | +$5.59 |
| Aug 4, 2014 | $98.26 | $103.63 | +$5.37 |
| Aug 5, 2014 | $97.34 | $102.82 | +$5.48 |
| Aug 6, 2014 | $96.93 | $104.17 | +$7.24 |
| Aug 7, 2014 | $97.34 | $104.02 | +$6.68 |
| Aug 8, 2014 | $97.61 | $103.36 | +$5.75 |
| Aug 11, 2014 | $98.09 | $103.47 | +$5.38 |
| Aug 12, 2014 | $97.36 | $101.68 | +$4.32 |
| Aug 13, 2014 | $97.57 | $102.27 | +$4.70 |
| Aug 14, 2014 | $95.54 | $101.15 | +$5.61 |
| Aug 15, 2014 | $97.30 | $101.13 | +$3.83 |
| Aug 18, 2014 | $96.44 | $99.37 | +$2.93 |
| Aug 19, 2014 | $94.35 | $99.74 | +$5.39 |
| Aug 20, 2014 | $96.40 | $99.92 | +$3.52 |
| Aug 21, 2014 | $93.97 | $100.28 | +$6.31 |
| Aug 22, 2014 | $93.61 | $100.09 | +$6.48 |
| Aug 25, 2014 | $95.39 | $100.49 | +$5.10 |
| Aug 26, 2014 | $95.78 | $100.50 | +$4.72 |
| Aug 27, 2014 | $95.82 | $100.40 | +$4.58 |
| Aug 28, 2014 | $96.44 | $100.71 | +$4.27 |
| Aug 29, 2014 | $97.86 | $101.12 | +$3.26 |
| Sep 2, 2014 | $92.92 | $100.21 | +$7.29 |
| Sep 3, 2014 | $95.50 | $100.88 | +$5.38 |
| Sep 4, 2014 | $94.51 | $101.21 | +$6.70 |
| Sep 5, 2014 | $93.32 | $99.51 | +$6.19 |
| Sep 8, 2014 | $92.64 | $99.53 | +$6.89 |
| Sep 9, 2014 | $92.73 | $98.08 | +$5.35 |
| Sep 10, 2014 | $91.71 | $96.26 | +$4.55 |
| Sep 11, 2014 | $92.89 | $96.42 | +$3.53 |
| Sep 12, 2014 | $92.18 | $96.31 | +$4.13 |
| Sep 15, 2014 | $92.86 | $96.43 | +$3.57 |
| Sep 16, 2014 | $94.91 | $97.39 | +$2.48 |
| Sep 17, 2014 | $94.33 | $97.70 | +$3.37 |
| Sep 18, 2014 | $93.07 | $96.82 | +$3.75 |
| Sep 19, 2014 | $92.43 | $96.75 | +$4.32 |
| Sep 22, 2014 | $91.46 | $95.37 | +$3.91 |
| Sep 23, 2014 | $91.55 | $94.87 | +$3.32 |
| Sep 24, 2014 | $93.60 | $94.53 | +$0.93 |
| Sep 25, 2014 | $93.59 | $95.20 | +$1.61 |
| Sep 26, 2014 | $95.55 | $95.08 | −$0.47 |
| Sep 29, 2014 | $94.53 | $95.70 | +$1.17 |
| Oct 3, 2014 | $89.76 | $90.80 | +$1.04 |
| Oct 6, 2014 | $90.33 | $90.65 | +$0.32 |
| Oct 7, 2014 | $88.89 | $90.90 | +$2.01 |
| Oct 8, 2014 | $87.29 | $90.25 | +$2.96 |
| Oct 9, 2014 | $85.76 | $90.47 | +$4.71 |
| Oct 10, 2014 | $85.87 | $88.66 | +$2.79 |
| Oct 13, 2014 | $85.73 | $87.82 | +$2.09 |
| Oct 14, 2014 | $81.72 | $86.36 | +$4.64 |
| Oct 15, 2014 | $81.82 | $84.02 | +$2.20 |
| Oct 16, 2014 | $82.33 | $84.02 | +$1.69 |
| Oct 17, 2014 | $82.80 | $85.27 | +$2.47 |
| Oct 20, 2014 | $82.76 | $84.42 | +$1.66 |
| Oct 21, 2014 | $83.25 | $85.17 | +$1.92 |
| Oct 22, 2014 | $80.52 | $86.38 | +$5.86 |
| Oct 23, 2014 | $82.81 | $85.94 | +$3.13 |
| Oct 24, 2014 | $81.27 | $86.00 | +$4.73 |
| Oct 27, 2014 | $81.26 | $85.64 | +$4.38 |
| Oct 28, 2014 | $81.36 | $85.57 | +$4.21 |
| Oct 29, 2014 | $82.25 | $86.91 | +$4.66 |
| Oct 30, 2014 | $81.06 | $85.50 | +$4.44 |
| Oct 31, 2014 | $80.53 | $84.17 | +$3.64 |
| Nov 3, 2014 | $78.77 | $84.90 | +$6.13 |
| Nov 4, 2014 | $77.15 | $82.12 | +$4.97 |
| Nov 5, 2014 | $78.71 | $82.88 | +$4.17 |
| Nov 6, 2014 | $77.87 | $82.08 | +$4.21 |
| Nov 7, 2014 | $78.71 | $83.20 | +$4.49 |
| Nov 10, 2014 | $77.43 | $82.90 | +$5.47 |
| Nov 11, 2014 | $77.85 | $80.94 | +$3.09 |
| Nov 12, 2014 | $77.16 | $80.42 | +$3.26 |
| Nov 13, 2014 | $74.13 | $77.74 | +$3.61 |
| Nov 14, 2014 | $75.91 | $77.51 | +$1.60 |
| Nov 17, 2014 | $75.64 | $76.86 | +$1.22 |
| Nov 18, 2014 | $74.55 | $77.23 | +$2.68 |
| Nov 19, 2014 | $74.55 | $77.21 | +$2.66 |
| Nov 20, 2014 | $75.63 | $77.61 | +$1.98 |
| Nov 21, 2014 | $76.52 | $79.20 | +$2.68 |
| Nov 24, 2014 | $75.74 | $79.62 | +$3.88 |
| Nov 25, 2014 | $74.04 | $77.62 | +$3.58 |
| Nov 26, 2014 | $73.70 | $77.39 | +$3.69 |
| Nov 28, 2014 | $65.94 | $71.89 | +$5.95 |
| Dec 1, 2014 | $68.98 | $70.87 | +$1.89 |
| Dec 2, 2014 | $66.99 | $71.13 | +$4.14 |
| Dec 3, 2014 | $67.30 | $70.13 | +$2.83 |
| Dec 4, 2014 | $66.73 | $68.48 | +$1.75 |
| Dec 5, 2014 | $65.89 | $68.00 | +$2.11 |
| Dec 8, 2014 | $63.13 | $65.64 | +$2.51 |
| Dec 9, 2014 | $63.74 | $66.11 | +$2.37 |
| Dec 10, 2014 | $60.99 | $63.32 | +$2.33 |
| Dec 11, 2014 | $60.01 | $63.65 | +$3.64 |
| Dec 12, 2014 | $57.81 | $61.67 | +$3.86 |
| Dec 15, 2014 | $55.96 | $61.09 | +$5.13 |
| Dec 16, 2014 | $55.97 | $60.26 | +$4.29 |
| Dec 17, 2014 | $56.43 | $59.84 | +$3.41 |
| Dec 18, 2014 | $54.18 | $58.81 | +$4.63 |
| Dec 19, 2014 | $56.91 | $58.87 | +$1.96 |
| Dec 22, 2014 | $55.25 | $58.31 | +$3.06 |
| Dec 23, 2014 | $56.78 | $59.07 | +$2.29 |
| Dec 24, 2014 | $55.70 | $58.67 | +$2.97 |
| Dec 26, 2014 | $54.59 | $58.72 | +$4.13 |
| Dec 29, 2014 | $53.46 | $57.86 | +$4.40 |
| Dec 30, 2014 | $54.14 | $55.60 | +$1.46 |
| Dec 31, 2014 | $53.45 | $55.27 | +$1.82 |
“—” means EIA published no price for that benchmark on that date.
Price episode covering 2014: 2014–16 price decline
Source and methodology
| Provider | Series | Units | Coverage | Latest observation |
|---|---|---|---|---|
| U.S. Energy Information Administration | RWTC — WTI spot price FOB | $/bbl | Jan 2, 2014 – Dec 31, 2014 | Dec 31, 2014 |
| U.S. Energy Information Administration | RBRTE — Brent spot price FOB | $/bbl | Jan 2, 2014 – Dec 31, 2014 | Dec 31, 2014 |
| U.S. Bureau of Labor Statistics | CUUR0000SA0 — CPI-U, all items, NSA | index, 1982–84=100 | monthly and annual average | September 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:2014 daily prices (CSV)