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Oil Prices in May 2015: WTI & Brent Daily Prices and Monthly Average

WTI average
$59.27
EIA monthly average
vs April 2015
+8.9%
$54.45
vs May 2014
−42.0%
$102.18
Brent average
$64.08
avg daily Brent − WTI +$4.81

WTI averaged $59.27 per barrel in May 2015, up $4.82 (8.9%) from April 2015. The average was 42% below the $102.18 of May 2014.

Daily spot prices, May 2015

Chart data table (20 rows)
Daily spot prices, May 2015 ($/bbl)
PeriodWTIBrent
May 29, 2015$60.25$63.16
May 28, 2015$57.69$60.12
May 27, 2015$57.51$61.35
May 26, 2015$57.29$61.65
May 22, 2015$58.88$64.70
May 21, 2015$60.18$64.70
May 20, 2015$58.96$63.52
May 19, 2015$57.30$63.48
May 18, 2015$59.44$65.15
May 15, 2015$59.73$64.69
May 14, 2015$59.89$65.58
May 13, 2015$60.50$66.33
May 12, 2015$60.72$65.09
May 11, 2015$59.23$62.82
May 8, 2015$59.41$63.82
May 7, 2015$58.99$64.93
May 6, 2015$60.93$66.22
May 5, 2015$60.38$65.44
May 4, 2015$58.92$64.62
May 1, 2015$59.10$64.13

Prices peaked at $60.93 on May 6, 2015, then fell to $57.29 on May 26, 2015 and ended at $60.25. The largest one-day move was +$2.56 on May 29, 2015 (+4.4%).

Brent averaged $64.08; its premium over WTI on matched dates averaged $4.81, with the daily Brent − WTI difference ranging from +$2.43 to +$6.18.

It was the second-highest monthly average of 2015. Adjusted with CPI-U, the May 2015 average equals $83.98 in September 2026 dollars.

May 2015 summary

MeasureWTIBrent
Monthly average$59.27$64.08
Change vs April 2015+$4.82+$4.56
Change vs May 2014−$42.91−$45.46
Highest daily price$60.93 May 6, 2015$66.33 May 13, 2015
Lowest daily price$57.29 May 26, 2015$60.12 May 28, 2015
Published daily observations2020
Average in September 2026 dollars (CPI-U)$83.98$90.79

Monthly averages are EIA's published figures. Real figures use CPI-U for May 2015.

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)$/bblMay 1, 2015 – May 29, 2015May 29, 2015
U.S. Energy Information AdministrationRBRTE — Brent spot price FOB (daily, monthly)$/bblMay 1, 2015 – May 29, 2015May 29, 2015
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:2015 daily prices (CSV)