Oil Prices in February 2018: WTI & Brent Daily Prices and Monthly Average
WTI averaged $62.23 per barrel in February 2018, down $1.47 (2.3%) from January 2018. A year earlier, in February 2017, it averaged $53.47, so the price was higher by $8.76 (16.4%) year over year.
Daily spot prices, February 2018
Chart data table (20 rows)
| Period | WTI | Brent |
|---|---|---|
| Feb 28, 2018 | $61.43 | $66.08 |
| Feb 27, 2018 | $62.94 | $67.59 |
| Feb 26, 2018 | $63.81 | $67.96 |
| Feb 23, 2018 | $63.52 | $67.04 |
| Feb 22, 2018 | $62.72 | $66.12 |
| Feb 21, 2018 | $61.73 | $64.81 |
| Feb 20, 2018 | $61.91 | $64.68 |
| Feb 19, 2018 | — | $64.95 |
| Feb 16, 2018 | $61.89 | $64.30 |
| Feb 15, 2018 | $61.48 | $62.86 |
| Feb 14, 2018 | $60.70 | $62.29 |
| Feb 13, 2018 | $59.33 | $61.94 |
| Feb 12, 2018 | $59.41 | $62.20 |
| Feb 9, 2018 | $59.20 | $63.04 |
| Feb 8, 2018 | $61.30 | $64.26 |
| Feb 7, 2018 | $61.91 | $65.74 |
| Feb 6, 2018 | $63.48 | $66.75 |
| Feb 5, 2018 | $64.18 | $67.69 |
| Feb 2, 2018 | $65.50 | $67.45 |
| Feb 1, 2018 | $65.92 | $68.60 |
Prices fell over the month, from $65.92 on Feb 1, 2018 to $61.43 on Feb 28, 2018.
Brent averaged $65.32; its premium over WTI on matched dates averaged $3.11, with the daily Brent − WTI difference ranging from +$1.38 to +$4.65.
Adjusted with CPI-U, the February 2018 average equals $84.21 in September 2026 dollars.
February 2018 summary
| Measure | WTI | Brent |
|---|---|---|
| Monthly average | $62.23 | $65.32 |
| Change vs January 2018 | −$1.47 | −$3.76 |
| Change vs February 2017 | +$8.76 | +$10.45 |
| Highest daily price | $65.92 Feb 1, 2018 | $68.60 Feb 1, 2018 |
| Lowest daily price | $59.20 Feb 9, 2018 | $61.94 Feb 13, 2018 |
| Published daily observations | 19 | 20 |
| Average in September 2026 dollars (CPI-U) | $84.21 | $88.39 |
Monthly averages are EIA's published figures. Real figures use CPI-U for February 2018.
Source and methodology
| Provider | Series | Units | Coverage | Latest observation |
|---|---|---|---|---|
| U.S. Energy Information Administration | RWTC — WTI spot price FOB (daily, monthly) | $/bbl | Feb 1, 2018 – Feb 28, 2018 | Feb 28, 2018 |
| U.S. Energy Information Administration | RBRTE — Brent spot price FOB (daily, monthly) | $/bbl | Feb 1, 2018 – Feb 28, 2018 | Feb 28, 2018 |
| 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:2018 daily prices (CSV)