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Oil Prices in July 2019: WTI & Brent Daily Prices and Monthly Average

WTI average
$57.35
EIA monthly average
vs June 2019
+4.9%
$54.66
vs July 2018
−19.2%
$70.98
Brent average
$63.92
avg daily Brent − WTI +$6.56

WTI averaged $57.35 per barrel in July 2019, up $2.69 (4.9%) from June 2019. A year earlier, in July 2018, it averaged $70.98, so the price was lower by $13.63 (19.2%) year over year.

Daily spot prices, July 2019

Chart data table (23 rows)
Daily spot prices, July 2019 ($/bbl)
PeriodWTIBrent
Jul 31, 2019$58.53$64.07
Jul 30, 2019$58.04$62.55
Jul 29, 2019$56.85$62.29
Jul 26, 2019$56.04$62.46
Jul 25, 2019$55.88$63.47
Jul 24, 2019$55.90$63.83
Jul 23, 2019$56.58$62.28
Jul 22, 2019$55.87$61.96
Jul 19, 2019$55.42$61.04
Jul 18, 2019$55.08$60.70
Jul 17, 2019$56.50$63.67
Jul 16, 2019$57.44$65.87
Jul 15, 2019$59.30$66.86
Jul 12, 2019$59.99$66.65
Jul 11, 2019$59.93$67.64
Jul 10, 2019$60.28$66.41
Jul 9, 2019$57.57$64.30
Jul 8, 2019$57.35$64.89
Jul 5, 2019—$64.23
Jul 4, 2019—$63.62
Jul 3, 2019$57.06$63.53
Jul 2, 2019$56.00$62.72
Jul 1, 2019$58.91$65.10

Prices peaked at $60.28 on Jul 10, 2019, then fell to $55.08 on Jul 18, 2019 and ended at $58.53. The largest one-day move was −$2.91 on Jul 2, 2019 (−4.9%).

Brent averaged $63.92; its premium over WTI on matched dates averaged $6.56, with the daily Brent − WTI difference ranging from +$4.51 to +$8.43.

Adjusted with CPI-U, the July 2019 average equals $75.31 in September 2026 dollars.

July 2019 summary

MeasureWTIBrent
Monthly average$57.35$63.92
Change vs June 2019+$2.69−$0.30
Change vs July 2018−$13.63−$10.33
Highest daily price$60.28 Jul 10, 2019$67.64 Jul 11, 2019
Lowest daily price$55.08 Jul 18, 2019$60.70 Jul 18, 2019
Published daily observations2123
Average in September 2026 dollars (CPI-U)$75.31$83.94

Monthly averages are EIA's published figures. Real figures use CPI-U for July 2019.

Source and methodology

ProviderSeriesUnitsCoverageLatest observation
U.S. Energy Information AdministrationRWTC — WTI spot price FOB (daily, monthly)$/bblJul 1, 2019 – Jul 31, 2019Jul 31, 2019
U.S. Energy Information AdministrationRBRTE — Brent spot price FOB (daily, monthly)$/bblJul 1, 2019 – Jul 31, 2019Jul 31, 2019
U.S. Bureau of Labor StatisticsCUUR0000SA0 — CPI-U, all items, NSAindex, 1982–84=100monthlySeptember 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)