Oil Prices in June 2020: WTI & Brent Daily Prices and Monthly Average
WTI jumped in June 2020: the monthly average rose to $38.31, up $9.75 (34.1%) from May 2020. The average was 30% below the $54.66 of June 2019.
Daily spot prices, June 2020
Chart data table (22 rows)
| Period | WTI | Brent |
|---|---|---|
| Jun 30, 2020 | $39.27 | $41.64 |
| Jun 29, 2020 | $39.67 | $41.58 |
| Jun 26, 2020 | $38.53 | $40.97 |
| Jun 25, 2020 | $38.66 | $41.18 |
| Jun 24, 2020 | $37.91 | $40.40 |
| Jun 23, 2020 | $40.40 | $42.72 |
| Jun 22, 2020 | $40.60 | $43.20 |
| Jun 19, 2020 | $39.72 | $42.33 |
| Jun 18, 2020 | $38.79 | $41.75 |
| Jun 17, 2020 | $37.91 | $40.47 |
| Jun 16, 2020 | $38.26 | $40.75 |
| Jun 15, 2020 | $37.07 | $39.44 |
| Jun 12, 2020 | $36.24 | $38.54 |
| Jun 11, 2020 | $36.43 | $37.76 |
| Jun 10, 2020 | $39.54 | $41.18 |
| Jun 9, 2020 | $38.98 | $40.45 |
| Jun 8, 2020 | $38.17 | $39.66 |
| Jun 5, 2020 | $39.49 | $41.00 |
| Jun 4, 2020 | $37.42 | $38.41 |
| Jun 3, 2020 | $37.33 | $37.98 |
| Jun 2, 2020 | $36.88 | $37.72 |
| Jun 1, 2020 | $35.49 | $36.74 |
Prices rose over the month, from $35.49 on Jun 1, 2020 to $39.27 on Jun 30, 2020. The largest one-day move was −$3.11 on Jun 11, 2020 (−7.9%).
Brent averaged $40.27; its premium over WTI on matched dates averaged $1.96, with the daily Brent − WTI difference ranging from +$0.65 to +$2.96.
Adjusted with CPI-U, the June 2020 average equals $50.07 in September 2026 dollars.
June 2020 summary
| Measure | WTI | Brent |
|---|---|---|
| Monthly average | $38.31 | $40.27 |
| Change vs May 2020 | +$9.75 | +$10.89 |
| Change vs June 2019 | −$16.35 | −$23.95 |
| Highest daily price | $40.60 Jun 22, 2020 | $43.20 Jun 22, 2020 |
| Lowest daily price | $35.49 Jun 1, 2020 | $36.74 Jun 1, 2020 |
| Published daily observations | 22 | 22 |
| Average in September 2026 dollars (CPI-U) | $50.07 | $52.63 |
Monthly averages are EIA's published figures. Real figures use CPI-U for June 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 | Jun 1, 2020 – Jun 30, 2020 | Jun 30, 2020 |
| U.S. Energy Information Administration | RBRTE — Brent spot price FOB (daily, monthly) | $/bbl | Jun 1, 2020 – Jun 30, 2020 | Jun 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)