Oil Prices in December 2019: WTI & Brent Daily Prices and Monthly Average
WTI averaged $59.88 per barrel in December 2019, up $2.85 (5.0%) from November 2019. A year earlier, in December 2018, it averaged $49.52, so the price was higher by $10.36 (20.9%) year over year.
Daily spot prices, December 2019
Chart data table (22 rows)
| Period | WTI | Brent |
|---|---|---|
| Dec 31, 2019 | $61.14 | $67.77 |
| Dec 30, 2019 | $61.66 | $68.30 |
| Dec 27, 2019 | $61.76 | $68.91 |
| Dec 26, 2019 | $61.72 | $69.26 |
| Dec 25, 2019 | $61.17 | $69.26 |
| Dec 24, 2019 | $61.17 | $69.26 |
| Dec 23, 2019 | $60.51 | $67.49 |
| Dec 20, 2019 | $60.43 | $68.66 |
| Dec 19, 2019 | $61.30 | $69.70 |
| Dec 18, 2019 | $60.93 | $69.12 |
| Dec 17, 2019 | $60.88 | $68.99 |
| Dec 16, 2019 | $60.21 | $68.04 |
| Dec 13, 2019 | $60.11 | $67.44 |
| Dec 12, 2019 | $59.18 | $66.67 |
| Dec 11, 2019 | $58.74 | $65.37 |
| Dec 10, 2019 | $59.22 | $66.57 |
| Dec 9, 2019 | $58.99 | $66.44 |
| Dec 6, 2019 | $59.20 | $66.50 |
| Dec 5, 2019 | $58.42 | $65.67 |
| Dec 4, 2019 | $58.46 | $65.25 |
| Dec 3, 2019 | $56.15 | $62.95 |
| Dec 2, 2019 | $55.97 | $63.20 |
Prices rose over the month, from $55.97 on Dec 2, 2019 to $61.14 on Dec 31, 2019, with gains on 14 of 21 trading days. The largest one-day move was +$2.31 on Dec 4, 2019 (+4.1%).
Brent averaged $67.31; its premium over WTI on matched dates averaged $7.43, with the daily Brent − WTI difference ranging from +$6.63 to +$8.40.
Adjusted with CPI-U, the December 2019 average equals $78.51 in September 2026 dollars.
December 2019 summary
| Measure | WTI | Brent |
|---|---|---|
| Monthly average | $59.88 | $67.31 |
| Change vs November 2019 | +$2.85 | +$4.10 |
| Change vs December 2018 | +$10.36 | +$9.95 |
| Highest daily price | $61.76 Dec 27, 2019 | $69.70 Dec 19, 2019 |
| Lowest daily price | $55.97 Dec 2, 2019 | $62.95 Dec 3, 2019 |
| Published daily observations | 22 | 22 |
| Average in September 2026 dollars (CPI-U) | $78.51 | $88.26 |
Monthly averages are EIA's published figures. Real figures use CPI-U for December 2019.
Source and methodology
| Provider | Series | Units | Coverage | Latest observation |
|---|---|---|---|---|
| U.S. Energy Information Administration | RWTC — WTI spot price FOB (daily, monthly) | $/bbl | Dec 2, 2019 – Dec 31, 2019 | Dec 31, 2019 |
| U.S. Energy Information Administration | RBRTE — Brent spot price FOB (daily, monthly) | $/bbl | Dec 2, 2019 – Dec 31, 2019 | Dec 31, 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)