Oil Prices in October 2019: WTI & Brent Daily Prices and Monthly Average
WTI averaged $53.96 per barrel in October 2019, down $2.99 (5.3%) from September 2019. A year earlier, in October 2018, it averaged $70.75, so the price was lower by $16.79 (23.7%) year over year.
Daily spot prices, October 2019
Chart data table (23 rows)
| Period | WTI | Brent |
|---|---|---|
| Oct 31, 2019 | $54.02 | $59.30 |
| Oct 30, 2019 | $54.85 | $60.22 |
| Oct 29, 2019 | $55.34 | $61.05 |
| Oct 28, 2019 | $55.60 | $60.39 |
| Oct 25, 2019 | $56.52 | $62.06 |
| Oct 24, 2019 | $56.11 | $61.71 |
| Oct 23, 2019 | $55.90 | $60.52 |
| Oct 22, 2019 | $54.21 | $60.50 |
| Oct 21, 2019 | $53.28 | $58.95 |
| Oct 18, 2019 | $53.75 | $59.96 |
| Oct 17, 2019 | $53.89 | $59.35 |
| Oct 16, 2019 | $53.42 | $59.30 |
| Oct 15, 2019 | $52.81 | $59.19 |
| Oct 14, 2019 | $53.57 | $58.81 |
| Oct 11, 2019 | $54.76 | $60.59 |
| Oct 10, 2019 | $53.57 | $59.08 |
| Oct 9, 2019 | $52.63 | $59.70 |
| Oct 8, 2019 | $52.64 | $58.14 |
| Oct 7, 2019 | $52.76 | $59.46 |
| Oct 4, 2019 | $52.84 | $59.13 |
| Oct 3, 2019 | $52.41 | $58.01 |
| Oct 2, 2019 | $52.67 | $57.92 |
| Oct 1, 2019 | $53.60 | $60.06 |
Prices dipped to $52.41 on Oct 3, 2019, then climbed to $56.52 on Oct 25, 2019 and ended at $54.02.
Brent averaged $59.71; its premium over WTI on matched dates averaged $5.75, with the daily Brent − WTI difference ranging from +$4.62 to +$7.07.
It was the second-lowest monthly average of 2019. Adjusted with CPI-U, the October 2019 average equals $70.65 in September 2026 dollars.
October 2019 summary
| Measure | WTI | Brent |
|---|---|---|
| Monthly average | $53.96 | $59.71 |
| Change vs September 2019 | −$2.99 | −$3.12 |
| Change vs October 2018 | −$16.79 | −$21.32 |
| Highest daily price | $56.52 Oct 25, 2019 | $62.06 Oct 25, 2019 |
| Lowest daily price | $52.41 Oct 3, 2019 | $57.92 Oct 2, 2019 |
| Published daily observations | 23 | 23 |
| Average in September 2026 dollars (CPI-U) | $70.65 | $78.18 |
Monthly averages are EIA's published figures. Real figures use CPI-U for October 2019.
Source and methodology
| Provider | Series | Units | Coverage | Latest observation |
|---|---|---|---|---|
| U.S. Energy Information Administration | RWTC — WTI spot price FOB (daily, monthly) | $/bbl | Oct 1, 2019 – Oct 31, 2019 | Oct 31, 2019 |
| U.S. Energy Information Administration | RBRTE — Brent spot price FOB (daily, monthly) | $/bbl | Oct 1, 2019 – Oct 31, 2019 | Oct 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)