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Oil Prices in October 2021: WTI & Brent Daily Prices and Monthly Average

WTI average
$81.48
EIA monthly average
vs September 2021
+13.7%
$71.65
vs October 2020
+106.8%
$39.40
Brent average
$83.54
avg daily Brent − WTI +$2.06

WTI jumped in October 2021: the monthly average rose to $81.48, up $9.83 (13.7%) from September 2021, the highest monthly average in nominal terms since October 2014. The average was 107% above the $39.40 of October 2020.

Daily spot prices, October 2021

Chart data table (21 rows)
Daily spot prices, October 2021 ($/bbl)
PeriodWTIBrent
Oct 29, 2021$83.50$83.10
Oct 28, 2021$82.78$83.40
Oct 27, 2021$82.66$84.12
Oct 26, 2021$85.64$85.11
Oct 25, 2021$84.64$84.85
Oct 22, 2021$84.53$85.43
Oct 21, 2021$82.64$84.58
Oct 20, 2021$84.40$85.76
Oct 19, 2021$83.19$85.02
Oct 18, 2021$82.62$84.13
Oct 15, 2021$82.39$84.67
Oct 14, 2021$81.43$83.86
Oct 13, 2021$80.67$83.53
Oct 12, 2021$80.75$83.53
Oct 11, 2021$80.64$83.75
Oct 8, 2021$79.55$82.17
Oct 7, 2021$78.46$82.34
Oct 6, 2021$77.66$81.39
Oct 5, 2021$79.17$82.72
Oct 4, 2021$77.68$81.44
Oct 1, 2021$76.01$79.40

Prices rose over the month, from $76.01 on Oct 1, 2021 to $83.50 on Oct 29, 2021, with gains on 17 of 21 trading days.

Brent averaged $83.54; its premium over WTI on matched dates averaged $2.06, with the daily Brent − WTI difference ranging from −$0.53 to +$3.88.

It was the highest monthly average of 2021. Adjusted with CPI-U, the October 2021 average equals $99.26 in September 2026 dollars.

October 2021 summary

MeasureWTIBrent
Monthly average$81.48$83.54
Change vs September 2021+$9.83+$9.05
Change vs October 2020+$42.08+$43.35
Highest daily price$85.64 Oct 26, 2021$85.76 Oct 20, 2021
Lowest daily price$76.01 Oct 1, 2021$79.40 Oct 1, 2021
Published daily observations2121
Average in September 2026 dollars (CPI-U)$99.26$101.77

Monthly averages are EIA's published figures. Real figures use CPI-U for October 2021.

Source and methodology

ProviderSeriesUnitsCoverageLatest observation
U.S. Energy Information AdministrationRWTC — WTI spot price FOB (daily, monthly)$/bblOct 1, 2021 – Oct 29, 2021Oct 29, 2021
U.S. Energy Information AdministrationRBRTE — Brent spot price FOB (daily, monthly)$/bblOct 1, 2021 – Oct 29, 2021Oct 29, 2021
U.S. Bureau of Labor StatisticsCUUR0000SA0 — CPI-U, all items, NSAindex, 1982–84=100monthlySeptember 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)