Oil Prices in August 2019: WTI & Brent Daily Prices and Monthly Average
WTI averaged $54.81 per barrel in August 2019, down $2.54 (4.4%) from July 2019. A year earlier, in August 2018, it averaged $68.06, so the price was lower by $13.25 (19.5%) year over year.
Daily spot prices, August 2019
Chart data table (22 rows)
| Period | WTI | Brent |
|---|---|---|
| Aug 30, 2019 | $55.07 | $61.04 |
| Aug 29, 2019 | $56.67 | $60.59 |
| Aug 28, 2019 | $55.76 | $60.42 |
| Aug 27, 2019 | $54.99 | $58.44 |
| Aug 26, 2019 | $53.54 | $58.64 |
| Aug 23, 2019 | $54.08 | $58.64 |
| Aug 22, 2019 | $55.33 | $59.81 |
| Aug 21, 2019 | $55.65 | $60.60 |
| Aug 20, 2019 | $56.18 | $59.03 |
| Aug 19, 2019 | $56.24 | $59.79 |
| Aug 16, 2019 | $54.83 | $59.00 |
| Aug 15, 2019 | $54.51 | $57.37 |
| Aug 14, 2019 | $55.16 | $57.86 |
| Aug 13, 2019 | $57.05 | $59.90 |
| Aug 12, 2019 | $54.98 | $57.13 |
| Aug 9, 2019 | $54.41 | $57.37 |
| Aug 8, 2019 | $52.60 | $56.29 |
| Aug 7, 2019 | $51.14 | $55.03 |
| Aug 6, 2019 | $53.60 | $58.63 |
| Aug 5, 2019 | $54.63 | $59.32 |
| Aug 2, 2019 | $55.67 | $61.12 |
| Aug 1, 2019 | $53.64 | $62.90 |
Prices dipped to $51.14 on Aug 7, 2019, then climbed to $57.05 on Aug 13, 2019 and ended at $55.07. The largest one-day move was −$4.89 on Aug 1, 2019 (−8.4%).
Brent averaged $59.04; its premium over WTI on matched dates averaged $4.24, with the daily Brent − WTI difference ranging from +$2.15 to +$9.26.
Adjusted with CPI-U, the August 2019 average equals $71.98 in September 2026 dollars.
August 2019 summary
| Measure | WTI | Brent |
|---|---|---|
| Monthly average | $54.81 | $59.04 |
| Change vs July 2019 | −$2.54 | −$4.88 |
| Change vs August 2018 | −$13.25 | −$13.49 |
| Highest daily price | $57.05 Aug 13, 2019 | $62.90 Aug 1, 2019 |
| Lowest daily price | $51.14 Aug 7, 2019 | $55.03 Aug 7, 2019 |
| Published daily observations | 22 | 22 |
| Average in September 2026 dollars (CPI-U) | $71.98 | $77.54 |
Monthly averages are EIA's published figures. Real figures use CPI-U for August 2019.
Source and methodology
| Provider | Series | Units | Coverage | Latest observation |
|---|---|---|---|---|
| U.S. Energy Information Administration | RWTC — WTI spot price FOB (daily, monthly) | $/bbl | Aug 1, 2019 – Aug 30, 2019 | Aug 30, 2019 |
| U.S. Energy Information Administration | RBRTE — Brent spot price FOB (daily, monthly) | $/bbl | Aug 1, 2019 – Aug 30, 2019 | Aug 30, 2019 |
| 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:2019 daily prices (CSV)