Oil Prices in January 2019: WTI & Brent Daily Prices and Monthly Average
WTI averaged $51.38 per barrel in January 2019, up $1.86 (3.8%) from December 2018. A year earlier, in January 2018, it averaged $63.70, so the price was lower by $12.32 (19.3%) year over year.
Daily spot prices, January 2019
Chart data table (22 rows)
| Period | WTI | Brent |
|---|---|---|
| Jan 31, 2019 | $53.84 | $62.46 |
| Jan 30, 2019 | $54.18 | $61.89 |
| Jan 29, 2019 | $53.07 | $60.98 |
| Jan 28, 2019 | $51.79 | $59.71 |
| Jan 25, 2019 | $53.53 | $61.49 |
| Jan 24, 2019 | $52.94 | $61.09 |
| Jan 23, 2019 | $52.44 | $61.05 |
| Jan 22, 2019 | $52.59 | $60.90 |
| Jan 21, 2019 | $51.83 | $62.18 |
| Jan 18, 2019 | $53.60 | $62.04 |
| Jan 17, 2019 | $51.83 | $59.85 |
| Jan 16, 2019 | $52.08 | $59.81 |
| Jan 15, 2019 | $51.80 | $58.65 |
| Jan 14, 2019 | $50.31 | $58.80 |
| Jan 11, 2019 | $51.44 | $59.24 |
| Jan 10, 2019 | $52.42 | $60.47 |
| Jan 9, 2019 | $52.19 | $59.46 |
| Jan 8, 2019 | $49.58 | $56.91 |
| Jan 7, 2019 | $48.27 | $57.10 |
| Jan 4, 2019 | $47.76 | $55.64 |
| Jan 3, 2019 | $46.92 | $53.23 |
| Jan 2, 2019 | $46.31 | $54.06 |
Prices rose over the month, from $46.31 on Jan 2, 2019 to $53.84 on Jan 31, 2019, with gains on 15 of 22 trading days. The largest one-day move was +$2.61 on Jan 9, 2019 (+5.3%).
Brent averaged $59.41; its premium over WTI on matched dates averaged $8.01, with the daily Brent − WTI difference ranging from +$6.31 to +$10.35.
It was the lowest monthly average of 2019. Adjusted with CPI-U, the January 2019 average equals $68.78 in September 2026 dollars.
January 2019 summary
| Measure | WTI | Brent |
|---|---|---|
| Monthly average | $51.38 | $59.41 |
| Change vs December 2018 | +$1.86 | +$2.05 |
| Change vs January 2018 | −$12.32 | −$9.67 |
| Highest daily price | $54.18 Jan 30, 2019 | $62.46 Jan 31, 2019 |
| Lowest daily price | $46.31 Jan 2, 2019 | $53.23 Jan 3, 2019 |
| Published daily observations | 22 | 22 |
| Average in September 2026 dollars (CPI-U) | $68.78 | $79.53 |
Monthly averages are EIA's published figures. Real figures use CPI-U for January 2019.
Source and methodology
| Provider | Series | Units | Coverage | Latest observation |
|---|---|---|---|---|
| U.S. Energy Information Administration | RWTC — WTI spot price FOB (daily, monthly) | $/bbl | Jan 2, 2019 – Jan 31, 2019 | Jan 31, 2019 |
| U.S. Energy Information Administration | RBRTE — Brent spot price FOB (daily, monthly) | $/bbl | Jan 2, 2019 – Jan 31, 2019 | Jan 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)