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Oil Prices in 2017: WTI & Brent History and Monthly Averages

WTI average
$50.80
EIA annual average
WTI vs prior year
+17.3%
2016: $43.29
Brent average
$54.13
EIA annual average
Brent vs prior year
+24.0%
2016: $43.64

WTI averaged $50.80 per barrel in 2017, up $7.51 (17.3%) from 2016; that was the highest annual average since 2014.

Monthly average prices in 2017

Monthly averages and daily ranges, 2017 ($/bbl)
MonthWTI avgWTI highWTI lowBrent avgBrent − WTI (matched dates)WTI (September 2026 $)Brent (September 2026 $)
January$52.50$53.98$50.82$54.58+$2.09$72.84$75.73
February$53.47$54.48$52.19$54.87+$1.38$73.96$75.89
March$49.33$53.82$47.00$51.59+$2.26$68.18$71.30
April$51.06$53.38$48.90$52.31+$1.25$70.36$72.08
May$48.48$51.12$45.55$50.33+$1.76$66.75$69.29
June$45.18$48.32$42.48$46.37+$1.19$62.15$63.78
July$46.63$50.21$44.25$48.48+$1.78$64.18$66.73
August$48.04$49.60$45.96$51.70+$3.67$65.93$70.95
September$49.82$52.14$47.32$56.15+$6.51$68.01$76.65
October$51.58$54.36$49.34$57.51+$5.93$70.46$78.56
November$56.64$58.94$54.32$62.71+$6.05$77.37$85.66
December$57.88$60.46$55.79$64.37+$6.58$79.11$87.98

Monthly averages are EIA's published figures. Brent − WTI is the average over dates with both prices published, so it can differ from the difference between the two monthly averages. Inflation-adjusted columns use CPI-U for each month, expressed in September 2026 dollars; “—” means CPI-U for that month is not available.

From $42.48 on Jun 21, 2017, WTI climbed to $60.46 by Dec 29, 2017, a 42% gain. The steepest fall within the year ran from $54.48 on Feb 23, 2017 to $42.48 on Jun 21, 2017, a 22% drop. Between October and November the monthly average rose $5.06, the largest month-to-month change of the year. The price finished the year 15% above its first 2017 close of $52.36.

Brent averaged $54.13, up $10.49 (24.0%) from 2016, with daily prices from $43.98 to $66.80; on 249 matched dates it was on average $3.37 above WTI.

The monthly average was lowest in June ($45.18) and highest in December ($57.88). In September 2026 dollars (CPI-U), the 2017 average is $69.83, higher than 2025's real average by $1.39 (2.0%). The 2010s as a whole averaged $72.42, so 2017 ran below its decade. Of 40 complete years with an EIA annual average, 2017 ranks 18th highest.

2017 summary statistics

MeasureWTIBrentBrent − WTI
Average$50.80$54.13+$3.37
Change vs 2016 average+$7.51+$10.49+$2.96
Highest daily price$60.46 Dec 29, 2017$66.80 Dec 28, 2017—
Lowest daily price$42.48 Jun 21, 2017$43.98 Jun 20, 2017—
Highest daily spread——+$8.18 Sep 26, 2017
Lowest daily spread——−$0.64 Feb 28, 2017
First observation$52.36 Jan 3, 2017$55.05 Jan 3, 2017—
Last observation$60.46 Dec 29, 2017$66.73 Dec 29, 2017—
Published daily observations250256249 matched
Average in September 2026 dollars$69.83$74.41—

Daily spot prices in 2017

Show all 257 dates (Jan 3, 2017 – Dec 29, 2017)
DateWTIBrentBrent − WTI
Jan 3, 2017$52.36$55.05+$2.69
Jan 4, 2017$53.26$54.57+$1.31
Jan 5, 2017$53.77$54.99+$1.22
Jan 6, 2017$53.98$55.90+$1.92
Jan 9, 2017$51.95$54.39+$2.44
Jan 10, 2017$50.82$53.20+$2.38
Jan 11, 2017$52.19$53.61+$1.42
Jan 12, 2017$53.01$54.51+$1.50
Jan 13, 2017$52.36$54.37+$2.01
Jan 16, 2017—$54.30—
Jan 17, 2017$52.45$54.68+$2.23
Jan 18, 2017$51.12$53.77+$2.65
Jan 19, 2017$51.39$53.18+$1.79
Jan 20, 2017$52.33$55.04+$2.71
Jan 23, 2017$52.77$54.80+$2.03
Jan 24, 2017$52.38$54.70+$2.32
Jan 25, 2017$52.14$54.34+$2.20
Jan 26, 2017$53.24$55.89+$2.65
Jan 27, 2017$53.18$54.80+$1.62
Jan 30, 2017$52.63$54.77+$2.14
Jan 31, 2017$52.75$55.25+$2.50
Feb 1, 2017$53.90$55.79+$1.89
Feb 2, 2017$53.55$55.94+$2.39
Feb 3, 2017$53.81$55.92+$2.11
Feb 6, 2017$53.01$55.02+$2.01
Feb 7, 2017$52.19$53.79+$1.60
Feb 8, 2017$52.37$54.42+$2.05
Feb 9, 2017$52.99$53.98+$0.99
Feb 10, 2017$53.84$55.20+$1.36
Feb 13, 2017$52.96$54.15+$1.19
Feb 14, 2017$53.21$54.96+$1.75
Feb 15, 2017$53.11$54.57+$1.46
Feb 16, 2017$53.41$54.16+$0.75
Feb 17, 2017$53.41$54.48+$1.07
Feb 20, 2017—$55.25—
Feb 21, 2017$54.02$56.34+$2.32
Feb 22, 2017$53.61$54.90+$1.29
Feb 23, 2017$54.48$55.82+$1.34
Feb 24, 2017$53.99$54.69+$0.70
Feb 27, 2017$54.04$54.65+$0.61
Feb 28, 2017$54.00$53.36−$0.64
Mar 1, 2017$53.82$55.72+$1.90
Mar 2, 2017$52.63$54.16+$1.53
Mar 3, 2017$53.33$54.12+$0.79
Mar 6, 2017$53.19$54.73+$1.54
Mar 7, 2017$52.68$54.61+$1.93
Mar 8, 2017$49.83$53.30+$3.47
Mar 9, 2017$48.75$50.65+$1.90
Mar 10, 2017$48.05$50.63+$2.58
Mar 13, 2017$47.95$50.10+$2.15
Mar 14, 2017$47.24$49.60+$2.36
Mar 15, 2017$48.34$50.63+$2.29
Mar 16, 2017$48.30$50.56+$2.26
Mar 17, 2017$48.34$50.58+$2.24
Mar 20, 2017$47.79$50.67+$2.88
Mar 21, 2017$47.02$50.14+$3.12
Mar 22, 2017$47.29$49.56+$2.27
Mar 23, 2017$47.00$50.17+$3.17
Mar 24, 2017$47.30$49.97+$2.67
Mar 27, 2017$47.02$50.12+$3.10
Mar 28, 2017$48.36$50.72+$2.36
Mar 29, 2017$49.47$51.36+$1.89
Mar 30, 2017$50.30$52.25+$1.95
Mar 31, 2017$50.54$52.20+$1.66
Apr 3, 2017$50.25$52.04+$1.79
Apr 4, 2017$50.99$53.08+$2.09
Apr 5, 2017$51.14$53.41+$2.27
Apr 6, 2017$51.69$53.62+$1.93
Apr 7, 2017$52.25$54.24+$1.99
Apr 10, 2017$53.06$54.79+$1.73
Apr 11, 2017$53.38$54.73+$1.35
Apr 12, 2017$53.12$54.75+$1.63
Apr 13, 2017$53.19$55.05+$1.86
Apr 17, 2017$52.62$54.79+$2.17
Apr 18, 2017$52.46$52.60+$0.14
Apr 19, 2017$50.49$52.43+$1.94
Apr 20, 2017$50.26$50.66+$0.40
Apr 21, 2017$49.64$49.93+$0.29
Apr 24, 2017$48.90$49.45+$0.55
Apr 25, 2017$49.22$49.37+$0.15
Apr 26, 2017$49.22$49.99+$0.77
Apr 27, 2017$48.96$49.46+$0.50
Apr 28, 2017$49.31$49.46+$0.15
May 1, 2017$48.83$50.41+$1.58
May 2, 2017$47.65$49.31+$1.66
May 3, 2017$47.79$48.82+$1.03
May 4, 2017$45.55$47.53+$1.98
May 5, 2017$46.23$47.45+$1.22
May 8, 2017$46.46$46.61+$0.15
May 9, 2017$45.84$47.06+$1.22
May 10, 2017$47.28$48.09+$0.81
May 11, 2017$47.81$49.18+$1.37
May 12, 2017$47.83$49.08+$1.25
May 15, 2017$48.86$51.29+$2.43
May 16, 2017$48.64$51.21+$2.57
May 17, 2017$49.04$51.76+$2.72
May 18, 2017$49.36$51.71+$2.35
May 19, 2017$50.32$52.78+$2.46
May 22, 2017$50.81$53.35+$2.54
May 23, 2017$51.12$53.19+$2.07
May 24, 2017$50.99$53.29+$2.30
May 25, 2017$48.57$52.25+$3.68
May 26, 2017$49.58$50.84+$1.26
May 29, 2017—$52.25—
May 30, 2017$49.63$50.65+$1.02
May 31, 2017$48.29$49.40+$1.11
Jun 1, 2017$48.32$50.41+$2.09
Jun 2, 2017$47.68$48.46+$0.78
Jun 5, 2017$47.40$48.25+$0.85
Jun 6, 2017$48.13$48.11−$0.02
Jun 7, 2017$45.80$47.08+$1.28
Jun 8, 2017$45.68$46.30+$0.62
Jun 9, 2017$45.82$46.64+$0.82
Jun 12, 2017$46.10$47.18+$1.08
Jun 13, 2017$46.41$46.95+$0.54
Jun 14, 2017$44.79$45.47+$0.68
Jun 15, 2017$44.47$45.61+$1.14
Jun 16, 2017$44.73$45.70+$0.97
Jun 19, 2017$44.24$45.93+$1.69
Jun 20, 2017$43.34$43.98+$0.64
Jun 21, 2017$42.48$44.62+$2.14
Jun 22, 2017$42.53$44.46+$1.93
Jun 23, 2017$42.86$44.14+$1.28
Jun 26, 2017$43.24$44.09+$0.85
Jun 27, 2017$44.25$46.17+$1.92
Jun 28, 2017$44.74$46.45+$1.71
Jun 29, 2017$44.88$47.02+$2.14
Jun 30, 2017$46.02$47.08+$1.06
Jul 3, 2017—$49.13—
Jul 4, 2017—$49.15—
Jul 5, 2017$45.11$47.58+$2.47
Jul 6, 2017$45.52$48.53+$3.01
Jul 7, 2017$44.25$46.47+$2.22
Jul 10, 2017$44.40$46.57+$2.17
Jul 11, 2017$45.06$46.68+$1.62
Jul 12, 2017$45.48$46.73+$1.25
Jul 13, 2017$46.06$47.65+$1.59
Jul 14, 2017$46.53$47.89+$1.36
Jul 17, 2017$46.02$47.66+$1.64
Jul 18, 2017$46.40$47.92+$1.52
Jul 19, 2017$47.10$48.34+$1.24
Jul 20, 2017$46.73$48.54+$1.81
Jul 21, 2017$45.78$47.47+$1.69
Jul 24, 2017$46.21$47.81+$1.60
Jul 25, 2017$47.77$49.19+$1.42
Jul 26, 2017$48.58$50.08+$1.50
Jul 27, 2017$49.05$50.67+$1.62
Jul 28, 2017$49.72$52.00+$2.28
Jul 31, 2017$50.21$51.99+$1.78
Aug 1, 2017$49.19$50.77+$1.58
Aug 2, 2017$49.60$52.09+$2.49
Aug 3, 2017$49.03$52.88+$3.85
Aug 4, 2017$49.57$52.48+$2.91
Aug 7, 2017$49.37$51.42+$2.05
Aug 8, 2017$49.07$52.18+$3.11
Aug 9, 2017$49.59$52.16+$2.57
Aug 10, 2017$48.54$52.59+$4.05
Aug 11, 2017$48.81$51.47+$2.66
Aug 14, 2017$47.59$51.29+$3.70
Aug 15, 2017$47.57$49.90+$2.33
Aug 16, 2017$46.80$50.39+$3.59
Aug 17, 2017$47.07$50.37+$3.30
Aug 18, 2017$48.59$50.96+$2.37
Aug 21, 2017$47.39$51.94+$4.55
Aug 22, 2017$47.65$52.29+$4.64
Aug 23, 2017$48.45$52.31+$3.86
Aug 24, 2017$47.24$51.73+$4.49
Aug 25, 2017$47.65$51.87+$4.22
Aug 28, 2017$46.40$51.87+$5.47
Aug 29, 2017$46.46$51.64+$5.18
Aug 30, 2017$45.96$51.91+$5.95
Aug 31, 2017$47.26$52.69+$5.43
Sep 1, 2017$47.32$53.15+$5.83
Sep 4, 2017—$52.60—
Sep 5, 2017$48.63$53.63+$5.00
Sep 6, 2017$49.13$54.48+$5.35
Sep 7, 2017$49.10$54.16+$5.06
Sep 8, 2017$47.44$54.55+$7.11
Sep 11, 2017$48.06$54.20+$6.14
Sep 12, 2017$48.21$55.06+$6.85
Sep 13, 2017$49.30$55.52+$6.22
Sep 14, 2017$49.86$56.76+$6.90
Sep 15, 2017$49.90$56.18+$6.28
Sep 18, 2017$49.88$55.50+$5.62
Sep 19, 2017$49.54$56.58+$7.04
Sep 20, 2017$50.29$57.20+$6.91
Sep 21, 2017$50.58$57.73+$7.15
Sep 22, 2017$50.33$58.16+$7.83
Sep 25, 2017$51.85$59.42+$7.57
Sep 26, 2017$51.59$59.77+$8.18
Sep 27, 2017$52.14$58.74+$6.60
Sep 28, 2017$51.62$58.80+$7.18
Sep 29, 2017$51.67$57.02+$5.35
Oct 2, 2017$50.59$55.67+$5.08
Oct 3, 2017$50.44$56.12+$5.68
Oct 4, 2017$50.00$56.00+$6.00
Oct 5, 2017$50.79$57.09+$6.30
Oct 6, 2017$49.34$55.50+$6.16
Oct 9, 2017$49.58$55.29+$5.71
Oct 10, 2017$50.93$56.62+$5.69
Oct 11, 2017$51.30$56.13+$4.83
Oct 12, 2017$50.61$56.13+$5.52
Oct 13, 2017$51.43$56.86+$5.43
Oct 16, 2017$51.86$57.49+$5.63
Oct 17, 2017$51.87$57.63+$5.76
Oct 18, 2017$52.05$58.05+$6.00
Oct 19, 2017$51.29$57.82+$6.53
Oct 20, 2017$51.63$57.89+$6.26
Oct 23, 2017$51.91$57.69+$5.78
Oct 24, 2017$52.32$57.84+$5.52
Oct 25, 2017$51.97$58.45+$6.48
Oct 26, 2017$52.41$58.75+$6.34
Oct 27, 2017$53.92$60.15+$6.23
Oct 30, 2017$54.11$60.65+$6.54
Oct 31, 2017$54.36$61.35+$6.99
Nov 1, 2017$54.32$60.98+$6.66
Nov 2, 2017$54.55$60.79+$6.24
Nov 3, 2017$55.63$61.42+$5.79
Nov 6, 2017$57.34$64.27+$6.93
Nov 7, 2017$57.19$64.36+$7.17
Nov 8, 2017$56.82$63.96+$7.14
Nov 9, 2017$57.16$64.49+$7.33
Nov 10, 2017$56.75$64.35+$7.60
Nov 13, 2017$56.77$62.94+$6.17
Nov 14, 2017$55.67$60.91+$5.24
Nov 15, 2017$55.28$61.25+$5.97
Nov 16, 2017$55.14$61.18+$6.04
Nov 17, 2017$56.21$61.34+$5.13
Nov 20, 2017$56.21$61.34+$5.13
Nov 21, 2017$56.84$62.28+$5.44
Nov 22, 2017$57.88$62.92+$5.04
Nov 23, 2017—$63.27—
Nov 24, 2017$58.94$63.58+$4.64
Nov 27, 2017$58.10$63.25+$5.15
Nov 28, 2017$57.96$63.56+$5.60
Nov 29, 2017$57.25$63.74+$6.49
Nov 30, 2017$57.40$63.53+$6.13
Dec 1, 2017$58.35$64.57+$6.22
Dec 4, 2017$57.48$63.45+$5.97
Dec 5, 2017$57.66$63.45+$5.79
Dec 6, 2017$55.79$62.25+$6.46
Dec 7, 2017$56.50$62.37+$5.87
Dec 8, 2017$57.15$63.86+$6.71
Dec 11, 2017$57.84$65.62+$7.78
Dec 12, 2017$57.12$64.96+$7.84
Dec 13, 2017$56.59$63.66+$7.07
Dec 14, 2017$57.00$63.72+$6.72
Dec 15, 2017$57.29$63.81+$6.52
Dec 18, 2017$57.17$64.45+$7.28
Dec 19, 2017$57.49$63.69+$6.20
Dec 20, 2017$58.09$64.43+$6.34
Dec 21, 2017$58.34$64.64+$6.30
Dec 22, 2017$58.25$64.61+$6.36
Dec 26, 2017$59.55——
Dec 27, 2017$59.67$66.03+$6.36
Dec 28, 2017$59.84$66.80+$6.96
Dec 29, 2017$60.46$66.73+$6.27

“—” means EIA published no price for that benchmark on that date.

Source and methodology

ProviderSeriesUnitsCoverageLatest observation
U.S. Energy Information AdministrationRWTC — WTI spot price FOB$/bblJan 3, 2017 – Dec 29, 2017Dec 29, 2017
U.S. Energy Information AdministrationRBRTE — Brent spot price FOB$/bblJan 3, 2017 – Dec 29, 2017Dec 29, 2017
U.S. Bureau of Labor StatisticsCUUR0000SA0 — CPI-U, all items, NSAindex, 1982–84=100monthly and annual averageSeptember 2026

Inflation adjustment: real = nominal × CPI-U(September 2026) ÷ CPI-U(period). Annual figures use the BLS annual average CPI-U; a year without one uses the mean of the months published so far.

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:2017 daily prices (CSV)