Oil Prices in April 2016: WTI & Brent Daily Prices and Monthly Average
WTI averaged $40.75 per barrel in April 2016, up $3.20 (8.5%) from March 2016. The average was 25% below the $54.45 of April 2015.
Daily spot prices, April 2016
Chart data table (21 rows)
| Period | WTI | Brent |
|---|---|---|
| Apr 29, 2016 | $45.98 | $45.64 |
| Apr 28, 2016 | $46.03 | $45.60 |
| Apr 27, 2016 | $45.29 | $44.17 |
| Apr 26, 2016 | $42.52 | $43.94 |
| Apr 25, 2016 | $41.67 | $42.97 |
| Apr 22, 2016 | $42.76 | $43.97 |
| Apr 21, 2016 | $43.18 | $43.48 |
| Apr 20, 2016 | $42.72 | $43.09 |
| Apr 19, 2016 | $40.88 | $43.02 |
| Apr 18, 2016 | $39.74 | $41.64 |
| Apr 15, 2016 | $40.40 | $41.32 |
| Apr 14, 2016 | $41.45 | $43.02 |
| Apr 13, 2016 | $41.70 | $42.81 |
| Apr 12, 2016 | $42.12 | $43.02 |
| Apr 11, 2016 | $40.46 | $41.58 |
| Apr 8, 2016 | $39.74 | $40.71 |
| Apr 7, 2016 | $37.30 | $37.15 |
| Apr 6, 2016 | $37.74 | $37.77 |
| Apr 5, 2016 | $34.52 | $35.88 |
| Apr 4, 2016 | $34.30 | $36.05 |
| Apr 1, 2016 | $35.36 | $36.42 |
Prices rose over the month, from $35.36 on Apr 1, 2016 to $45.98 on Apr 29, 2016. The largest one-day move was +$3.22 on Apr 6, 2016 (+9.3%).
Brent averaged $41.58, within a dollar of WTI on average across the 21 dates when both were published.
Adjusted with CPI-U, the April 2016 average equals $57.39 in September 2026 dollars.
April 2016 summary
| Measure | WTI | Brent |
|---|---|---|
| Monthly average | $40.75 | $41.58 |
| Change vs March 2016 | +$3.20 | +$3.37 |
| Change vs April 2015 | −$13.70 | −$17.94 |
| Highest daily price | $46.03 Apr 28, 2016 | $45.64 Apr 29, 2016 |
| Lowest daily price | $34.30 Apr 4, 2016 | $35.88 Apr 5, 2016 |
| Published daily observations | 21 | 21 |
| Average in September 2026 dollars (CPI-U) | $57.39 | $58.56 |
Monthly averages are EIA's published figures. Real figures use CPI-U for April 2016.
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 | Apr 1, 2016 – Apr 29, 2016 | Apr 29, 2016 |
| U.S. Energy Information Administration | RBRTE — Brent spot price FOB (daily, monthly) | $/bbl | Apr 1, 2016 – Apr 29, 2016 | Apr 29, 2016 |
| 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:2016 daily prices (CSV)