Oil Prices in January 2017: WTI & Brent Daily Prices and Monthly Average
At $52.50 per barrel, January 2017's WTI average was the highest monthly average in nominal terms since June 2015, up $0.53 (1.0%) from December 2016. The average was 66% above the $31.68 of January 2016.
Daily spot prices, January 2017
Chart data table (21 rows)
| Period | WTI | Brent |
|---|---|---|
| Jan 31, 2017 | $52.75 | $55.25 |
| Jan 30, 2017 | $52.63 | $54.77 |
| Jan 27, 2017 | $53.18 | $54.80 |
| Jan 26, 2017 | $53.24 | $55.89 |
| Jan 25, 2017 | $52.14 | $54.34 |
| Jan 24, 2017 | $52.38 | $54.70 |
| Jan 23, 2017 | $52.77 | $54.80 |
| Jan 20, 2017 | $52.33 | $55.04 |
| Jan 19, 2017 | $51.39 | $53.18 |
| Jan 18, 2017 | $51.12 | $53.77 |
| Jan 17, 2017 | $52.45 | $54.68 |
| Jan 16, 2017 | — | $54.30 |
| Jan 13, 2017 | $52.36 | $54.37 |
| Jan 12, 2017 | $53.01 | $54.51 |
| Jan 11, 2017 | $52.19 | $53.61 |
| Jan 10, 2017 | $50.82 | $53.20 |
| Jan 9, 2017 | $51.95 | $54.39 |
| Jan 6, 2017 | $53.98 | $55.90 |
| Jan 5, 2017 | $53.77 | $54.99 |
| Jan 4, 2017 | $53.26 | $54.57 |
| Jan 3, 2017 | $52.36 | $55.05 |
Prices peaked at $53.98 on Jan 6, 2017, then fell to $50.82 on Jan 10, 2017 and ended at $52.75.
Brent averaged $54.58; its premium over WTI on matched dates averaged $2.09, with the daily Brent − WTI difference ranging from +$1.22 to +$2.71.
Adjusted with CPI-U, the January 2017 average equals $72.84 in September 2026 dollars.
January 2017 summary
| Measure | WTI | Brent |
|---|---|---|
| Monthly average | $52.50 | $54.58 |
| Change vs December 2016 | +$0.53 | +$1.27 |
| Change vs January 2016 | +$20.82 | +$23.88 |
| Highest daily price | $53.98 Jan 6, 2017 | $55.90 Jan 6, 2017 |
| Lowest daily price | $50.82 Jan 10, 2017 | $53.18 Jan 19, 2017 |
| Published daily observations | 20 | 21 |
| Average in September 2026 dollars (CPI-U) | $72.84 | $75.73 |
Monthly averages are EIA's published figures. Real figures use CPI-U for January 2017.
Source and methodology
| Provider | Series | Units | Coverage | Latest observation |
|---|---|---|---|---|
| U.S. Energy Information Administration | RWTC — WTI spot price FOB (daily, monthly) | $/bbl | Jan 3, 2017 – Jan 31, 2017 | Jan 31, 2017 |
| U.S. Energy Information Administration | RBRTE — Brent spot price FOB (daily, monthly) | $/bbl | Jan 3, 2017 – Jan 31, 2017 | Jan 31, 2017 |
| 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:2017 daily prices (CSV)