Oil Prices in October 2014: WTI & Brent Daily Prices and Monthly Average
At $84.40 per barrel, October 2014's WTI average was the lowest monthly average in nominal terms since June 2012, down $8.81 (9.5%) from September 2014. A year earlier, in October 2013, it averaged $100.54, so the price was lower by $16.14 (16.1%) year over year.
Daily spot prices, October 2014
Chart data table (21 rows)
| Period | WTI | Brent |
|---|---|---|
| Oct 31, 2014 | $80.53 | $84.17 |
| Oct 30, 2014 | $81.06 | $85.50 |
| Oct 29, 2014 | $82.25 | $86.91 |
| Oct 28, 2014 | $81.36 | $85.57 |
| Oct 27, 2014 | $81.26 | $85.64 |
| Oct 24, 2014 | $81.27 | $86.00 |
| Oct 23, 2014 | $82.81 | $85.94 |
| Oct 22, 2014 | $80.52 | $86.38 |
| Oct 21, 2014 | $83.25 | $85.17 |
| Oct 20, 2014 | $82.76 | $84.42 |
| Oct 17, 2014 | $82.80 | $85.27 |
| Oct 16, 2014 | $82.33 | $84.02 |
| Oct 15, 2014 | $81.82 | $84.02 |
| Oct 14, 2014 | $81.72 | $86.36 |
| Oct 13, 2014 | $85.73 | $87.82 |
| Oct 10, 2014 | $85.87 | $88.66 |
| Oct 9, 2014 | $85.76 | $90.47 |
| Oct 8, 2014 | $87.29 | $90.25 |
| Oct 7, 2014 | $88.89 | $90.90 |
| Oct 6, 2014 | $90.33 | $90.65 |
| Oct 3, 2014 | $89.76 | $90.80 |
Prices fell over the month, from $89.76 on Oct 3, 2014 to $80.53 on Oct 31, 2014. The largest one-day move was −$4.77 on Oct 3, 2014 (−5.0%).
Brent averaged $87.43; its premium over WTI on matched dates averaged $3.12, with the daily Brent − WTI difference ranging from +$0.32 to +$5.86.
Adjusted with CPI-U, the October 2014 average equals $119.77 in September 2026 dollars.
October 2014 summary
| Measure | WTI | Brent |
|---|---|---|
| Monthly average | $84.40 | $87.43 |
| Change vs September 2014 | −$8.81 | −$9.66 |
| Change vs October 2013 | −$16.14 | −$21.65 |
| Highest daily price | $90.33 Oct 6, 2014 | $90.90 Oct 7, 2014 |
| Lowest daily price | $80.52 Oct 22, 2014 | $84.02 Oct 15, 2014 |
| Published daily observations | 21 | 21 |
| Average in September 2026 dollars (CPI-U) | $119.77 | $124.07 |
Monthly averages are EIA's published figures. Real figures use CPI-U for October 2014.
Part of the price episode: 2014–16 price decline
Source and methodology
| Provider | Series | Units | Coverage | Latest observation |
|---|---|---|---|---|
| U.S. Energy Information Administration | RWTC — WTI spot price FOB (daily, monthly) | $/bbl | Oct 3, 2014 – Oct 31, 2014 | Oct 31, 2014 |
| U.S. Energy Information Administration | RBRTE — Brent spot price FOB (daily, monthly) | $/bbl | Oct 3, 2014 – Oct 31, 2014 | Oct 31, 2014 |
| 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:2014 daily prices (CSV)