Oil Prices in September 2020: WTI & Brent Daily Prices and Monthly Average
WTI averaged $39.63 per barrel in September 2020, down $2.71 (6.4%) from August 2020. The average was 30% below the $56.95 of September 2019.
Daily spot prices, September 2020
Chart data table (22 rows)
| Period | WTI | Brent |
|---|---|---|
| Sep 30, 2020 | $40.05 | $40.30 |
| Sep 29, 2020 | $39.03 | $40.33 |
| Sep 28, 2020 | $40.47 | $41.59 |
| Sep 25, 2020 | $40.06 | $40.91 |
| Sep 24, 2020 | $40.11 | $41.24 |
| Sep 23, 2020 | $39.92 | $41.09 |
| Sep 22, 2020 | $39.55 | $40.84 |
| Sep 21, 2020 | $39.26 | $40.37 |
| Sep 18, 2020 | $41.09 | $42.16 |
| Sep 17, 2020 | $40.99 | $42.35 |
| Sep 16, 2020 | $40.17 | $41.23 |
| Sep 15, 2020 | $38.29 | $39.54 |
| Sep 14, 2020 | $37.23 | $38.57 |
| Sep 11, 2020 | $37.33 | $38.80 |
| Sep 10, 2020 | $37.25 | $39.27 |
| Sep 9, 2020 | $38.05 | $39.98 |
| Sep 8, 2020 | $36.87 | $38.53 |
| Sep 7, 2020 | — | $40.67 |
| Sep 4, 2020 | $39.69 | $41.10 |
| Sep 3, 2020 | $41.39 | $42.72 |
| Sep 2, 2020 | $42.76 | $42.70 |
| Sep 1, 2020 | $42.76 | $45.72 |
The month's range ran from $36.87 on Sep 8, 2020 to $42.76 on Sep 1, 2020; the last price was $40.05 on Sep 30, 2020. The largest one-day move was −$2.82 on Sep 8, 2020 (−7.1%).
Brent averaged $40.91; its premium over WTI on matched dates averaged $1.29, with the daily Brent − WTI difference ranging from −$0.06 to +$2.96.
Adjusted with CPI-U, the September 2020 average equals $51.30 in September 2026 dollars.
September 2020 summary
| Measure | WTI | Brent |
|---|---|---|
| Monthly average | $39.63 | $40.91 |
| Change vs August 2020 | −$2.71 | −$3.83 |
| Change vs September 2019 | −$17.32 | −$21.92 |
| Highest daily price | $42.76 Sep 1, 2020 | $45.72 Sep 1, 2020 |
| Lowest daily price | $36.87 Sep 8, 2020 | $38.53 Sep 8, 2020 |
| Published daily observations | 21 | 22 |
| Average in September 2026 dollars (CPI-U) | $51.30 | $52.96 |
Monthly averages are EIA's published figures. Real figures use CPI-U for September 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 | Sep 1, 2020 – Sep 30, 2020 | Sep 30, 2020 |
| U.S. Energy Information Administration | RBRTE — Brent spot price FOB (daily, monthly) | $/bbl | Sep 1, 2020 – Sep 30, 2020 | Sep 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)