Oil Prices in August 2021: WTI & Brent Daily Prices and Monthly Average
WTI averaged $67.70 per barrel in August 2021, down $4.79 (6.6%) from July 2021. The average was 60% above the $42.34 of August 2020.
Daily spot prices, August 2021
Chart data table (22 rows)
| Period | WTI | Brent |
|---|---|---|
| Aug 31, 2021 | $68.43 | $73.45 |
| Aug 30, 2021 | $69.28 | — |
| Aug 27, 2021 | $68.84 | $72.26 |
| Aug 26, 2021 | $67.42 | $70.42 |
| Aug 25, 2021 | $68.54 | $72.12 |
| Aug 24, 2021 | $67.50 | $71.21 |
| Aug 23, 2021 | $65.65 | $69.07 |
| Aug 20, 2021 | $62.25 | $65.51 |
| Aug 19, 2021 | $63.69 | $66.80 |
| Aug 18, 2021 | $65.36 | $68.61 |
| Aug 17, 2021 | $66.50 | $69.40 |
| Aug 16, 2021 | $67.44 | $70.07 |
| Aug 13, 2021 | $68.36 | $70.90 |
| Aug 12, 2021 | $69.12 | $71.79 |
| Aug 11, 2021 | $69.30 | $71.99 |
| Aug 10, 2021 | $68.33 | $71.14 |
| Aug 9, 2021 | $66.56 | $69.65 |
| Aug 6, 2021 | $68.26 | $71.02 |
| Aug 5, 2021 | $69.10 | $72.14 |
| Aug 4, 2021 | $68.19 | $70.99 |
| Aug 3, 2021 | $70.64 | $73.24 |
| Aug 2, 2021 | $71.31 | $73.91 |
The month's range ran from $62.25 on Aug 20, 2021 to $71.31 on Aug 2, 2021; the last price was $68.43 on Aug 31, 2021. The largest one-day move was +$3.40 on Aug 23, 2021 (+5.5%).
Brent averaged $70.61; its premium over WTI on matched dates averaged $3.09, with the daily Brent − WTI difference ranging from +$2.54 to +$5.02.
Adjusted with CPI-U, the August 2021 average equals $83.38 in September 2026 dollars.
August 2021 summary
| Measure | WTI | Brent |
|---|---|---|
| Monthly average | $67.70 | $70.61 |
| Change vs July 2021 | −$4.79 | −$4.56 |
| Change vs August 2020 | +$25.36 | +$25.87 |
| Highest daily price | $71.31 Aug 2, 2021 | $73.91 Aug 2, 2021 |
| Lowest daily price | $62.25 Aug 20, 2021 | $65.51 Aug 20, 2021 |
| Published daily observations | 22 | 21 |
| Average in September 2026 dollars (CPI-U) | $83.38 | $86.97 |
Monthly averages are EIA's published figures. Real figures use CPI-U for August 2021.
Source and methodology
| Provider | Series | Units | Coverage | Latest observation |
|---|---|---|---|---|
| U.S. Energy Information Administration | RWTC — WTI spot price FOB (daily, monthly) | $/bbl | Aug 2, 2021 – Aug 31, 2021 | Aug 31, 2021 |
| U.S. Energy Information Administration | RBRTE — Brent spot price FOB (daily, monthly) | $/bbl | Aug 2, 2021 – Aug 31, 2021 | Aug 31, 2021 |
| 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:2021 daily prices (CSV)