Oil Prices in March 2017: WTI & Brent Daily Prices and Monthly Average
WTI averaged $49.33 per barrel in March 2017, down $4.14 (7.7%) from February 2017. The average was 31% above the $37.55 of March 2016.
Daily spot prices, March 2017
Chart data table (23 rows)
| Period | WTI | Brent |
|---|---|---|
| Mar 31, 2017 | $50.54 | $52.20 |
| Mar 30, 2017 | $50.30 | $52.25 |
| Mar 29, 2017 | $49.47 | $51.36 |
| Mar 28, 2017 | $48.36 | $50.72 |
| Mar 27, 2017 | $47.02 | $50.12 |
| Mar 24, 2017 | $47.30 | $49.97 |
| Mar 23, 2017 | $47.00 | $50.17 |
| Mar 22, 2017 | $47.29 | $49.56 |
| Mar 21, 2017 | $47.02 | $50.14 |
| Mar 20, 2017 | $47.79 | $50.67 |
| Mar 17, 2017 | $48.34 | $50.58 |
| Mar 16, 2017 | $48.30 | $50.56 |
| Mar 15, 2017 | $48.34 | $50.63 |
| Mar 14, 2017 | $47.24 | $49.60 |
| Mar 13, 2017 | $47.95 | $50.10 |
| Mar 10, 2017 | $48.05 | $50.63 |
| Mar 9, 2017 | $48.75 | $50.65 |
| Mar 8, 2017 | $49.83 | $53.30 |
| Mar 7, 2017 | $52.68 | $54.61 |
| Mar 6, 2017 | $53.19 | $54.73 |
| Mar 3, 2017 | $53.33 | $54.12 |
| Mar 2, 2017 | $52.63 | $54.16 |
| Mar 1, 2017 | $53.82 | $55.72 |
The month's range ran from $47.00 on Mar 23, 2017 to $53.82 on Mar 1, 2017; the last price was $50.54 on Mar 31, 2017. The largest one-day move was −$2.85 on Mar 8, 2017 (−5.4%).
Brent averaged $51.59; its premium over WTI on matched dates averaged $2.26, with the daily Brent − WTI difference ranging from +$0.79 to +$3.47.
Adjusted with CPI-U, the March 2017 average equals $68.18 in September 2026 dollars.
March 2017 summary
| Measure | WTI | Brent |
|---|---|---|
| Monthly average | $49.33 | $51.59 |
| Change vs February 2017 | −$4.14 | −$3.28 |
| Change vs March 2016 | +$11.78 | +$13.38 |
| Highest daily price | $53.82 Mar 1, 2017 | $55.72 Mar 1, 2017 |
| Lowest daily price | $47.00 Mar 23, 2017 | $49.56 Mar 22, 2017 |
| Published daily observations | 23 | 23 |
| Average in September 2026 dollars (CPI-U) | $68.18 | $71.30 |
Monthly averages are EIA's published figures. Real figures use CPI-U for March 2017.
Source and methodology
| Provider | Series | Units | Coverage | Latest observation |
|---|---|---|---|---|
| U.S. Energy Information Administration | RWTC — WTI spot price FOB (daily, monthly) | $/bbl | Mar 1, 2017 – Mar 31, 2017 | Mar 31, 2017 |
| U.S. Energy Information Administration | RBRTE — Brent spot price FOB (daily, monthly) | $/bbl | Mar 1, 2017 – Mar 31, 2017 | Mar 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)