Oil Prices in April 2020: WTI & Brent Daily Prices and Monthly Average
April 2020 contains the lowest daily WTI spot price in EIA's records: −$36.98 on Apr 20, 2020. WTI averaged $16.55 per barrel in April 2020, down $12.66 (43.3%) from March 2020; that was the lowest monthly average in nominal terms since March 1999. The average was 74% below the $63.86 of April 2019.
Daily spot prices, April 2020
Chart data table (21 rows)
| Period | WTI | Brent |
|---|---|---|
| Apr 30, 2020 | $19.23 | $18.11 |
| Apr 29, 2020 | $15.04 | $17.86 |
| Apr 28, 2020 | $12.40 | $15.60 |
| Apr 27, 2020 | $12.17 | $15.17 |
| Apr 24, 2020 | $15.99 | $15.87 |
| Apr 23, 2020 | $15.06 | $15.06 |
| Apr 22, 2020 | $13.64 | $13.77 |
| Apr 21, 2020 | $8.91 | $9.12 |
| Apr 20, 2020 | −$36.98 | $17.36 |
| Apr 17, 2020 | $18.31 | $19.75 |
| Apr 16, 2020 | $19.82 | $18.69 |
| Apr 15, 2020 | $19.96 | $19.80 |
| Apr 14, 2020 | $20.15 | $21.74 |
| Apr 13, 2020 | $22.36 | — |
| Apr 9, 2020 | $22.90 | $20.23 |
| Apr 8, 2020 | $24.97 | $25.22 |
| Apr 7, 2020 | $23.54 | $22.10 |
| Apr 6, 2020 | $26.21 | $22.58 |
| Apr 3, 2020 | $28.36 | $24.33 |
| Apr 2, 2020 | $25.18 | $20.24 |
| Apr 1, 2020 | $20.28 | $14.97 |
Prices peaked at $28.36 on Apr 3, 2020, then fell to −$36.98 on Apr 20, 2020 and ended at $19.23. The largest one-day move was −$55.29 on Apr 20, 2020.
Brent averaged $18.38; its premium over WTI on matched dates averaged $2.12, with the daily Brent − WTI difference ranging from −$5.31 to +$54.34.
It was the lowest monthly average of 2020. Adjusted with CPI-U, the April 2020 average equals $21.75 in September 2026 dollars.
April 2020 summary
| Measure | WTI | Brent |
|---|---|---|
| Monthly average | $16.55 | $18.38 |
| Change vs March 2020 | −$12.66 | −$13.63 |
| Change vs April 2019 | −$47.31 | −$52.85 |
| Highest daily price | $28.36 Apr 3, 2020 | $25.22 Apr 8, 2020 |
| Lowest daily price | −$36.98 Apr 20, 2020 | $9.12 Apr 21, 2020 |
| Published daily observations | 21 | 20 |
| Average in September 2026 dollars (CPI-U) | $21.75 | $24.15 |
Monthly averages are EIA's published figures. Real figures use CPI-U for April 2020.
Part of the price episode: 2020 price crash
Source and methodology
| Provider | Series | Units | Coverage | Latest observation |
|---|---|---|---|---|
| U.S. Energy Information Administration | RWTC — WTI spot price FOB (daily, monthly) | $/bbl | Apr 1, 2020 – Apr 30, 2020 | Apr 30, 2020 |
| U.S. Energy Information Administration | RBRTE — Brent spot price FOB (daily, monthly) | $/bbl | Apr 1, 2020 – Apr 30, 2020 | Apr 30, 2020 |
| 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:2020 daily prices (CSV)