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Oil Prices in June 2014: WTI & Brent Daily Prices and Monthly Average

WTI average
$105.79
EIA monthly average
vs May 2014
+3.5%
$102.18
vs June 2013
+10.5%
$95.77
Brent average
$111.80
avg daily Brent − WTI +$6.00

WTI averaged $105.79 per barrel in June 2014, up $3.61 (3.5%) from May 2014. A year earlier, in June 2013, it averaged $95.77, so the price was higher by $10.02 (10.5%) year over year.

Daily spot prices, June 2014

Chart data table (21 rows)
Daily spot prices, June 2014 ($/bbl)
PeriodWTIBrent
Jun 30, 2014$106.07$111.03
Jun 27, 2014$106.46$112.62
Jun 26, 2014$106.49$112.61
Jun 25, 2014$107.04$112.84
Jun 24, 2014$106.64$113.74
Jun 23, 2014$106.83$113.62
Jun 20, 2014$107.95$114.55
Jun 19, 2014$107.08$115.19
Jun 18, 2014$106.64$114.25
Jun 17, 2014$106.95$114.02
Jun 16, 2014$107.52$113.42
Jun 13, 2014$107.49$113.15
Jun 12, 2014$107.20$112.18
Jun 11, 2014$105.04$109.83
Jun 10, 2014$105.02$109.18
Jun 9, 2014$105.09$110.55
Jun 6, 2014$103.32$109.21
Jun 5, 2014$103.17$108.43
Jun 4, 2014$103.27$109.07
Jun 3, 2014$103.34$108.87
Jun 2, 2014$103.07$109.34

Daily prices stayed in a narrow $4.88 band, from $103.07 (Jun 2, 2014) to $107.95 (Jun 20, 2014).

Brent averaged $111.80; its premium over WTI on matched dates averaged $6.00, with the daily Brent − WTI difference ranging from +$4.16 to +$8.11.

It was the highest monthly average of 2014. Adjusted with CPI-U, the June 2014 average equals $149.55 in September 2026 dollars.

June 2014 summary

MeasureWTIBrent
Monthly average$105.79$111.80
Change vs May 2014+$3.61+$2.26
Change vs June 2013+$10.02+$8.88
Highest daily price$107.95 Jun 20, 2014$115.19 Jun 19, 2014
Lowest daily price$103.07 Jun 2, 2014$108.43 Jun 5, 2014
Published daily observations2121
Average in September 2026 dollars (CPI-U)$149.55$158.05

Monthly averages are EIA's published figures. Real figures use CPI-U for June 2014.

Part of the price episode: 2014–16 price decline

Source and methodology

ProviderSeriesUnitsCoverageLatest observation
U.S. Energy Information AdministrationRWTC — WTI spot price FOB (daily, monthly)$/bblJun 2, 2014 – Jun 30, 2014Jun 30, 2014
U.S. Energy Information AdministrationRBRTE — Brent spot price FOB (daily, monthly)$/bblJun 2, 2014 – Jun 30, 2014Jun 30, 2014
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:2014 daily prices (CSV)