Oil Prices in November 2016: WTI & Brent Daily Prices and Monthly Average
WTI averaged $45.66 per barrel in November 2016, down $4.12 (8.3%) from October 2016. A year earlier, in November 2015, it averaged $42.44, so the price was higher by $3.22 (7.6%) year over year.
Daily spot prices, November 2016
Chart data table (22 rows)
| Period | WTI | Brent |
|---|---|---|
| Nov 30, 2016 | $49.41 | $47.95 |
| Nov 29, 2016 | $45.29 | $44.68 |
| Nov 28, 2016 | $45.66 | $46.64 |
| Nov 25, 2016 | $46.72 | $46.32 |
| Nov 24, 2016 | — | $47.54 |
| Nov 23, 2016 | $46.72 | $46.54 |
| Nov 22, 2016 | $48.07 | $46.10 |
| Nov 21, 2016 | $47.48 | $45.96 |
| Nov 18, 2016 | $45.69 | $44.41 |
| Nov 17, 2016 | $45.37 | $44.57 |
| Nov 16, 2016 | $45.56 | $45.07 |
| Nov 15, 2016 | $45.86 | $44.15 |
| Nov 14, 2016 | $43.29 | $41.83 |
| Nov 11, 2016 | $43.39 | $41.61 |
| Nov 10, 2016 | $44.62 | $43.67 |
| Nov 9, 2016 | $45.20 | $43.88 |
| Nov 8, 2016 | $44.96 | $43.47 |
| Nov 7, 2016 | $44.88 | $42.83 |
| Nov 4, 2016 | $44.07 | $43.06 |
| Nov 3, 2016 | $44.66 | $43.84 |
| Nov 2, 2016 | $45.32 | $44.26 |
| Nov 1, 2016 | $46.66 | — |
Prices rose over the month, from $46.66 on Nov 1, 2016 to $49.41 on Nov 30, 2016. The largest one-day move was +$4.12 on Nov 30, 2016 (+9.1%).
Brent traded below WTI on average this month: $44.73 for the month, $1.07 under WTI across 20 matched dates.
Adjusted with CPI-U, the November 2016 average equals $63.74 in September 2026 dollars.
November 2016 summary
| Measure | WTI | Brent |
|---|---|---|
| Monthly average | $45.66 | $44.73 |
| Change vs October 2016 | −$4.12 | −$4.79 |
| Change vs November 2015 | +$3.22 | +$0.46 |
| Highest daily price | $49.41 Nov 30, 2016 | $47.95 Nov 30, 2016 |
| Lowest daily price | $43.29 Nov 14, 2016 | $41.61 Nov 11, 2016 |
| Published daily observations | 21 | 21 |
| Average in September 2026 dollars (CPI-U) | $63.74 | $62.45 |
Monthly averages are EIA's published figures. Real figures use CPI-U for November 2016.
Source and methodology
| Provider | Series | Units | Coverage | Latest observation |
|---|---|---|---|---|
| U.S. Energy Information Administration | RWTC — WTI spot price FOB (daily, monthly) | $/bbl | Nov 1, 2016 – Nov 30, 2016 | Nov 30, 2016 |
| U.S. Energy Information Administration | RBRTE — Brent spot price FOB (daily, monthly) | $/bbl | Nov 2, 2016 – Nov 30, 2016 | Nov 30, 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)